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Question 9 9 Points Calculate the purchase price of an annuity paying $1100 per month for 7 years with a lump sum payment of

 

Question 9 9 Points Calculate the purchase price of an annuity paying $1100 per month for 7 years with a lump sum payment of $8000 on the same day as the last payment at 7.6% compounded monthly. Round answer to 2 decimal places

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