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An annuity providing a rate of return of 6.2% compounded monthly was purchased for $59,000. The annuity pays $540 at the end of each month.
An annuity providing a rate of return of 6.2% compounded monthly was purchased for $59,000. The annuity pays $540 at the end of each month. How much of Payment 37 will be interested? (Do not round t...
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