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Suppose payments will be made for years at the end of each month from an ordinary annuity earning interest at the rate of 4.5ear compounded

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Suppose payments will be made for years at the end of each month from an ordinary annuity earning interest at the rate of 4.5ear compounded monthly, 11 the present value of the annuity is $44.000, what should be the stof each payment from the annuity (Round your answer to the nearest cont.)

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