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Connor has paid $10,000 for a retirement annuity from which he wil receive $2,044 at the end of every month. The payments are detered for
Connor has paid $10,000 for a retirement annuity from which he wil receive $2,044 at the end of every month. The payments are detered for 12 years and resta compared (a) How many payments will Connor receive (b) What is the size of the final payment? (c) How much wil Connor receive in total? d) How much of what he receives will be interest? 6) Connor will receive payments (Round up to the nearest whole famber) . Connor has paid $10,000 for a retirement annuity from which he wil receive $2,044 at the end of every month. The payments are detered for 12 years and resta compared (a) How many payments will Connor receive (b) What is the size of the final payment? (c) How much wil Connor receive in total? d) How much of what he receives will be interest? 6) Connor will receive payments (Round up to the nearest whole famber)
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