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Catrina receives payments of $1,120.00 at the beginning of each month from a pension fund of $79,500.00. Interest earned by the fund is 11.36% compounded
Catrina receives payments of $1,120.00 at the beginning of each month from a pension fund of $79,500.00. Interest earned by the fund is 11.36% compounded monthly. a) What is the number of payments Catrina will receive? b) What is the size of the final payment
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