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What amount is required to purchase an annuity that pays $3000 at the end of each quarter for the first five years and then pays $2500 at the beginning of each month for the subsequent 15 years...

Apex Fabricating wants to accumulate $545,000 for an expansion expected to begin in four years. If today Apex makes the first of equal quarterly payments into a fund earning 6.6% compounded...

A paddle boat can move at a speed of 6km/h in still water. The boat is paddled 4km downstream in a river in the same time it takes to go 2 km upstream. Whats the speed of the river?

A loan of $4,700 at 6.60% is to be repaid by three equal payments due four, six, and eight months after the date on which the money was advanced.     Calculate the amount...

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