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Suppose you have a nest egg of $1951000 at an APR 9.6% compounded monthly. Round all final answers to the nearest penny and do not
Suppose you have a nest egg of $1951000 at an APR 9.6% compounded monthly. Round all final answers to the nearest penny and do not include the $ in your answers.
- The monthly yield for a 26-year annuity would be $
- The monthly perpetuity yield of the nest egg would be $
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