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 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here