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Sara shouppe has invested 100,000 in an account at her local bank. the bank will pay her a constent amount each year for 6 years
Sara shouppe has invested 100,000 in an account at her local bank. the bank will pay her a constent amount each year for 6 years starting from one year today, and the account balance will be 0 at the end of the sixth years. if the bank has promised Ms. Shouppe a 10% return how much will they have to pay him each year
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