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Raisel invests $120,000 in an annuity that earns 3.75% interest compounded semi-annually. It makes monthly payments over 25 years. What is the amount of the

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Raisel invests $120,000 in an annuity that earns 3.75% interest compounded semi-annually. It makes monthly payments over 25 years. What is the amount of the final payment? For full marks your answer should be rounded to the nearest cent

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