Question

Hunter decides to invest $840,000 in a period annuity that earns a 4.2% APR,

compounded monthly, for a period of 30 years. How much money will Hunter

be paid each month?

A. $5179.19

B. $4527.12

C. $4107.74

D. $6297.90

Answer 1

Answer:A $4107.74

Explanation:

Answer 2

the answer is c. 4107.74