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Recently, More Money 40 offered an annuity that pays 5.7% compounded monthly. If $1,019 is deposited into this annuity every month, how much is in
Recently, More Money 40 offered an annuity that pays 5.7% compounded monthly. If $1,019 is deposited into this annuity every month, how much is in the account after 4 years? How much of this is interest? Type the amount in the account: $|| (Round to the nearest dollar.) Type the amount of interest earned: $ (Round to the nearest dollar.) In order to accumulate enough money for a down payment on a house, a couple deposits $572 per month into an account paying 6% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 7 years? Type the amount in the account: $||| (Round to the nearest dollar.) Acme Annuities recently offered an annuity that pays 5.4% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $124,000 in 10 years? The amount of each deposit should be $ 1. (Round to the nearest cent.)
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