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30-10-2022
Mathematics

Answered

Harry Taylor plans to pay an ordinary annuity of $6,500 annually for ten years so he can take a year's sabbatical to study for a master's degree in
business. The annual rate of interest is 3.8%. How much will Harry have at the end of three years? How much interest will he earn on the investment after
three years?
At the end of three years Harry will have $ 20250.39

Answer :

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