Question: please help me solving this Question 14 (3 points) Word Problem Question 1: (You have to submit an image of your FULL solution to the
please help me solving this

Question 14 (3 points) Word Problem Question 1: (You have to submit an image of your FULL solution to the question in eConestoga -> Course Tools -> Assignments [Final Exam Submission]) Margaret has $540,000 in her RRSP and wishes to retire. She is thinking of using the funds to purchase an annuity that earn 6% compounded annually and pays her $3,800 at the end of each month. If she buys the annuity, for how long, in years and months, will she receive the payments? For example, 5.5 years input as 5 years 6 months in the blank
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