An annuity with a cash value of $9,600 pays $2,190 at the beginning of every six months. The investment earns 8% compounded semi-annually. (a) How many payments will be paid? (b) What is the size of the final annuity payment? (a) The number of payments is

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Q: (a) How many payments will be paid? (b) What is the size of the final annuity payment?

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