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Acme Annuities recently offered an annuity that pays 7.5% compounded monthly. What equal monthly deposit should be made into this annuity in order to
Acme Annuities recently offered an annuity that pays 7.5% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $161,000 in 10 years? The amount of each deposit should be $ (Round to the nearest cent.)
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
