A deferred annuity is comprised of eight annual payments of $1500. What is the period of deferral
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A deferred annuity is comprised of eight annual payments of $1500. What is the period of deferral if the present value of the payments, discounted at 4.9% compounded annually, is $8037.87?
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Related Book For 
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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