celestem5666 celestem5666

11-03-2020
Mathematics

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You decide to invest in a period annuity that offers 4.8% APR compounded monthly for 20 years. How much money will you need to invest if your desired yearly income is $41,000? A. $526,485.97 B. $410,000.00 C. $480,000.00 D. 558,996.79

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jesusbejaran10 jesusbejaran10

20-03-2020

Answer: A.$526,485.97

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