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Divide Write Your Answer in Lowest Terms 245÷1172 \frac { 4 } { 5 } \div 1 \frac { 1 } { 7 }

question 382

Multiple Choice

Divide. Write your answer in lowest terms.
- 245÷1172 \frac { 4 } { 5 } \div 1 \frac { 1 } { 7 }

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Definitions:

Ordinary Annuity

Repetitive uniform payments that are conducted after each term within a set timeframe.

Deferred Annuity

An insurance product that allows for the postponement of income payments until the investor elects to receive them.

Ordinary Annuity

A series of equal payments made at regular intervals, with the payment period typically matching the interest period.

Ordinary Annuity

A series of equal payments made at regular intervals (e.g., monthly or annually) with interest compounded at the end of each period.

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