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Question 18 Ditficulty: Ill Alanna has 350000 in an annuity on the day she retires. If the annuity has an annual interest rate of 2.75%

image text in transcribed Question 18 Ditficulty: Ill Alanna has 350000 in an annuity on the day she retires. If the annuity has an annual interest rate of 2.75% and Alanna plans on drawing from it monthly for 25 years, how much will she receive per month? Give your answer correctly rounded to two decimal places and without a currency symbol

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