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| rev | Admin | (Created page with "Brian purchases a 7 year annuity with payments at the end of every quarter for $X. The first payment is $350 and each subsequent payment is $50 more. How much did Brian pay for the annuity if the interest was 14% convertible quarterly? <ul class="mw-excansopts"><li>$75,990.43</li><li>$16,155.86</li><li>$50,816.33</li><li>$16,721.00</li><li>$1,982.40</li></ul> {{cite web |url=https://digitalcommons.calpoly.edu/cgi/viewcontent.cgi?article=1008&context=statsp |last=Hard...") | Nov 22'23 at 0:27 | +627 |