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Posted on Jul 15, 2024

Monthly payments of $ 1 7 5 are paid into an annuity beginning on January 3 1 , with a yearly interest rate of 1

Monthly payments of $

175

are paid into an annuity beginning on January

31,

with a yearly interest rate of

15 %,

compounded monthly. Add the future values of each payment to calculate the total value of the annuity on September

1

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