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A certain amount was invested on Jan 1, 2020 such that it generated a periodic payment of 27,560.04 at the end of each month of
A certain amount was invested on Jan 1, 2020 such that it generated a periodic payment of 27,560.04 at the end of each month of the calendar year 2020. The interest rate on the investment was 19 %. How much is the interest earned?
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