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A retirement account offers an annuity that will pay you $ 5 , 0 0 0 per month for 2 0 years. If the interest
A retirement account offers an annuity that will pay you $ per month for years. If the interest rate is compounded monthly, what is the present value of this annuity? Additionally, calculate the total amount of money you will receive from the annuity over the years.
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