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need answer for b as well a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Periodic Deposit Rate
need answer for b as well
a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Periodic Deposit Rate Time 10 years $80 at the end of each month 4% compounded monthly iClick the icon to view some finance formulas. a. The value of the annuity is $ (Do not round until the final answer. Then round to the nearest dollar as needed.)Step by Step Solution
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