Question: show work please and formulas used it can really help me out , thanks and much appreciated. George purchases an annuity that will provide annual

show work please and formulas used it can really help me

show work please and formulas used it can really help me out , thanks and much appreciated.

George purchases an annuity that will provide annual payments of 2800 dollars, with the first payment to come 8 years from now. If the effective rate of interest is 8.4 percent and the present value is 16217.73 dollars, how many payments will George receive? Answer = payments

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