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An annuity providing a rate of return of 6 . 0 % compounded monthly was purchased for $ 5 7 , 0 0 0 .
An annuity providing a rate of return of compounded monthly was purchased for $ The annuity pays $ at the end of each month. How much of Payment will be interest? Do not round the intermediate calculations. Round your answer to the nearest cent.Interest
An annuity providing a rate of return of compounded monthly was purchased for $ The annuity pays $ at the end of each month. How much of Payment will be interest? Do not round the intermediate calculations. Round your answer to the nearest cent.Interest
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