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can someone answer this question A retirement account has $290,000.00 that will be used to start an annuity that earns 6.7%, compounded monthly. The annuity
can someone answer this question
A retirement account has $290,000.00 that will be used to start an annuity that earns 6.7%, compounded monthly. The annuity will make payments at the end of every month in the amount of $2,300.00. How long will this annuity last? The annuity will last years. (Round to 2 decimal places.) Step by Step Solution
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