Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Present Value Periodic Payment Payment Interval Interest Rate Compounding Period $15,000 $1500 1 year 4.45% semi-annually he term of the annuity is year(s) and month(s).

Q: Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value…

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Q: Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value…

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Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…

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