Friday, 10 December 2021

Acme Annuities recently offered an annuity that pays 3.3 % compounded monthly. What equal monthly deposit should be made into this annuity in order to have $ 500000 in 40 ​years?

 Acme Annuities recently offered an annuity that pays 3.3 % compounded monthly. What equal monthly deposit should be made into this annuity in order to have $ 500000 in 40 ​years?

 

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