Find the common ratio r for the given infinite geometric sequence.
-A sequence of yearly payments of $1900 is invested at the end of every compounding period, where interest is compounded semi-annually at 2.5%. What is the total amount of the annuity at
The end of 6 years?
A) $100,434.69
B) $112,652.03
C) $24,434.69
D) $52,423.10
Correct Answer:
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