Question: 4. -/1 points HarMathAp12 6.4.009. My Notes Ask Your Teacher A personal account earmarked as a retirement supplement contains $242,200. Suppose $200,000 is used to

 4. -/1 points HarMathAp12 6.4.009. My Notes Ask Your Teacher A

4. -/1 points HarMathAp12 6.4.009. My Notes Ask Your Teacher A personal account earmarked as a retirement supplement contains $242,200. Suppose $200,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $6000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.) quarters Need Help? Read It Talk to a Tutor

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