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Mathematics, 23.06.2019 10:30 ejsteel2

Pls . i need the solution asapan annuity written as a geometric series has r equal to 1.005 . determine the annual interest rate for the annuity if the interest is compounded monthly. the answer says 5% in the textbook.

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Pls . i need the solution asapan annuity written as a geometric series has r equal to 1.005 . determ...

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