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Earl is 57 years old and is buying $65,000 of life insurance for an annual premium of $680.39. If he pays each annual premium in

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Earl is 57 years old and is buying $65,000 of life insurance for an annual premium of $680.39. If he pays each annual premium in 12 equal installments, how much is each monthly payment? Round your answer to the nearest cent. O $56.59 O $5416.67 O U $56.69 O $56.70 O $5417.77

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