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1.An investment that will give you monthly payments for 12 years costs $131,980. If your required return is 11.68%, what is the monthly payment? 2.You

1.An investment that will give you monthly payments for 12 years costs $131,980. If your required return is 11.68%, what is the monthly payment?

2.You will invest $48 per month. If the rate is 9.48%, how much will you have in 14 years?

Please answer with formula

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