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(1 point) Juan purchases an annuity for 3900 dollars that will make 23 annual payments, the first to come in one year. If the effective

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(1 point) Juan purchases an annuity for 3900 dollars that will make 23 annual payments, the first to come in one year. If the effective rate of interest is 8.2 percent, how much is each annual payment? Answer- dollars

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