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If $84,000 is invested in an annuity that earns 5.4%, compounded quarterly, what payments will it...

If $84,000 is invested in an annuity that earns 5.4%, compounded quarterly, what payments will it provide at the end of each quarter for the next 4 1/2years? (Round your answer to the nearest cent.)

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Quarterly payment PVA:([1-(1:(1+r)^n)]=r) Here, 5.4% 4.5 A Interest rate per annum B Number of years Number of compoundings p

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