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Singular Corp. wants to invest $150,000. The company has decided to invest them at a return of 16% per year, compounded monthly. The corporation is

Singular Corp. wants to invest $150,000. The company has decided to invest them at a return of 16% per year, compounded monthly. The corporation is interested in knowing how much is the maximum that it could withdraw each month for the life of its investment, without having to touch the principal.

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