Question: 1. With how much money should a pay-out annuity begin to make payments of $15,806 each quarter for 3 years at an annual interest

1. With how much money should a pay-out annuity begin to make payments of ( $ 15,806 ) each quarter for 3 years at an annu

1. With how much money should a pay-out annuity begin to make payments of $15,806 each quarter for 3 years at an annual interest rate of 6.8%? 2. How much is paid out each quarter over 30 years if an annuity starts with $330,000 and has a nominal interest rate of 6.1%?

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1 The annuity would need to begin with 330000 to make payments of 15806 each quarter for 3 years at an annual interest rate of 68 To calculate the amo... View full answer

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