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Mike already knows that he will have $500,000 when he retires. If he sets up a payout annuity for 30 years in an account

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Mike already knows that he will have $500,000 when he retires. If he sets up a payout annuity for 30 years in an account paying 10% interest, how much could the annuity provide each month (to the nearest dollar)? *

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