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Mary invests $210,000 in an annuity that earns 8.75% interest compounded quarterly. It makes monthly payments over 20 years. What is the amount of the

image text in transcribed Mary invests $210,000 in an annuity that earns 8.75% interest compounded quarterly. It makes monthly payments over 20 years. What is the amount of the final payment? For full marks your answer should be rounded to the nearest cent

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