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OpenStudy (anonymous):
Gina purchased a deffered annuity from an insurance company for PHP17,385.57. Based on earnings at the rate of 7% compounded quarterly, the annuity will make quarterly payments of PHP2,100.00 for 3 years. If the first payment is to be received on August 1, 2013, when did Gina purchase the deferred annuity?
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OpenStudy (anonymous):
wats PHP???
OpenStudy (anonymous):
Philippine Peso
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