Allison pays $27,506.28 for an annuity due today. This annuity will pay her $1,750 at the beginning of each month for n months with the first payment coming today. If i (12) = 0.12, find n . Round...




Allison pays $27,506.28 for an annuity due today. This annuity will pay her $1,750 at the beginning of each month forn months with the first payment coming today. If i(12) = 0.12, findn. Round your answer to the nearest integer.


Answer should be 17.


Please show steps and formulas used.




Jun 07, 2022
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