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Paul invests $240,000 in an annuity that earns 8.75% interest compounded annually. It makes monthly payments over 10 years. What is the amount of the

Paul invests $240,000 in an annuity that earns 8.75% interest compounded annually.

It makes monthly payments over 10 years. What is the amount of the final payment?
For full marks, your answer should be rounded to the nearest cent.

1- Final Payment = $0.00

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