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Having earned a bonus at hiswork, Rick placed the money in an investment earning 6.18% compounded monthly. He withdrew $ 376 at the end of

Having earned a bonus at hiswork, Rick placed the money in an investment earning 6.18% compounded monthly. He withdrew $376 at the end of every month for the next 9 years.

(a) What was the amount of thebonus?

(b) If he made all of the withdrawals asplanned, how much interest waspaid?

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