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Round to the nearest Cent. Acme Annuities recently offered an annuity that pays 4.2% compounded monthly. What equal monthly deposit should be made into this
Round to the nearest Cent.
Acme Annuities recently offered an annuity that pays 4.2% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $145,000 in 8 years? The amount of each deposit should be (Round to the nearest cent.)
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