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You have a 20 year annuity with a present value of $575,000. If the APR is 6%, what is the monthly yield? A. $4119.48 B.
You have a 20 year annuity with a present value of $575,000. If the APR is 6%, what is the monthly yield?
A. $4119.48
B. $4439.18
C. $3761.26
D. $4325.67
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