For her daughter's university education, Carla Hackl has invested an inheritance in a fund paying...
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For her daughter's university education, Carla Hackl has invested an inheritance in a fund paying 9.2% compounded quarterly. If ordinary annuity payments of $4750.00 per month are to be made out of the fund for 5 years and the annuity begins 7.75 years from now, how much was the inheritance? 1 i . BI 0:$ I/Y=9.2 C/Y= 4 DMT 1750
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