Sarafina is making monthly payments into an annuity. She wants to have $400 in the fund to buy a new convection range in nine months, and the account pays 4.8% annual interest. What are her monthly payments

Sarafina is making monthly payments into an annuity. She wants to have $400 in the fund to buy a new convection range in nine months, and the account pays 4.8% annual interest. What are her monthly payments to the account?

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Sarafina is making monthly payments into an annuity. She wants to have $400 in the fund to buy a new convection range in nine months, and the account pays 4.8% annual interest. …

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