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Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 4.5%/ year compounded monthly. If

Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of4.5%/year compounded monthly. If the future value of the annuity after15yearsis$55,000, what was the size of each payment? (Round your answer to the nearest cent.)

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