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Suppose we have a nest egg of $126,000 with an APR of 4.9% compounded monthly. Find the monthly annuity yield for a 23-year annuity. (How
Suppose we have a nest egg of $126,000 with an APR of 4.9% compounded monthly. Find the monthly annuity yield for a 23-year annuity. (How much money will you receive each month during 23 years of retirement from this nest egg?) 7 Please round your answer to the nearest dollar
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