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    Practical Business Math Procedures Study Set 1
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    Exam 13: Annuities and Sinking Funds
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    At the Beginning of Each Period for 9 Years, Scott
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At the Beginning of Each Period for 9 Years, Scott

Question 3

Question 3

Essay

At the beginning of each period for 9 years, Scott Sullivan invested $900 quarterly at 4% interest compounded quarterly. What is the value of this annuity due?

Correct Answer:

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