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Mathematics, 27.05.2021 09:00 catsareokiguess

Stephanie found a safe annuity for 5.63% compounded monthly. She wants to have $1,200,000 at age 60. She is 18 now. How large will her monthly payments be?

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Stephanie found a safe annuity for 5.63% compounded monthly. She wants to have $1,200,000 at age 60...
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