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Acme Annuities recently offered an annuity that pays 5.7% compounded monthly. What equal monthly deposit should be made into this annuity in order to have
Acme Annuities recently offered an annuity that pays 5.7% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $101,000 in 20 years?
The amount each deposit should be ?
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Financial Accounting A Business Perspective
Authors: Roger H. Hermanson, James Don Edwards
7th Edition
0072289988, 978-0072289985
