Business, 14.06.2021 15:30 harvzoie

Kevin Morales invests $15,451.93 now for a series of $2,900 annual returns beginning one year from now. Kevin will earn a return of 12% on the initial investment. Required:
How many annual payments of $1,300 will Kevin receive?

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Kevin Morales invests $15,451.93 now for a series of $2,900 annual returns beginning one year from n...

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