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(1 point) Juan purchases an annuity for 3250 dollars that will make 21 annual payments, the first to come in one year. If the effective

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(1 point) Juan purchases an annuity for 3250 dollars that will make 21 annual payments, the first to come in one year. If the effective rate of interest is 7.3 percent, how much is each annual payment? EE dollars

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