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(1 point) Juan purchases an annuity for 3260 dollars that will make 17 annual payments, the first to come in one year. If the

(1 point) Juan purchases an annuity for 3260 dollars that will make 17 annual payments, the first to come in one year. If the effective rate of interest is 8.3 percent, how much is each annual payment? Answer= dollars.

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