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Assuming an interest rate of 4 . 1 5 % , compute how much income you will have each month if you save $ 5

Assuming an interest rate of 4.15%, compute how much income you will have each month if you save $583 each month for the next 42 years and then use the accumulated money to buy an annuity of equal monthly payments for U+2 years (or, equivalently, an annuity for life when you expect to live for U+2 more years).U=11

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