) You have saved $47,000 for college and wish to use $15,000 per year. If you use the money as...
ac142) You have saved $47,000 for college and wish to use $15,000 per year. If you use the money as an ordinary annuity and
earn 6.15% on your investment, how many years will your annuity last? Use a calculator to determine your answer.
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