Find the difference between the sums of a mature annuity and an ordinary annuity for the following

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Find the difference between the sums of a mature annuity and an ordinary annuity for the following data.

Periodic payment = P19,000

Payment interval = 3 months

Term = 12 years

Interest rate = 13.8% compounded quarterly

Express your answer as a whole number.

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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Posted Date: Jan 29, 2024 08:01 AM

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Find the difference between the sums of a mature annuity and an ordinary annuity for the following

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Data Analysis and Decision Making

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