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ControlA pension fund is making an investment of $ 1 0 8 , 0 0 0 today and expects to receive $ 1 , 6

ControlA pension fund is making an investment of $108,000 today and expects to receive $1,680 at the end of each month for the next five years. At the end of the fifth year, the capital investment of $108,000 will be returned.

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