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Suppose that Robyn purchases a $200 000 annuity, with interest paid at 8.2% per annum compounded monthly. If Robyn wishes to receive a monthly payment

Suppose that Robyn purchases a $200 000 annuity, with interest paid at 8.2% per annum compounded monthly.

If Robyn wishes to receive a monthly payment for 10 years, the amount that she will receive each month is closest to:

Select one:

a. $1667

b. $3665

c. $1804

d. $3774

e. $2448

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