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Jonah decides to invest $710,000 in a period annuity that earns 2.6% APR compounded monthlyfor a period of 25 years. How much money will Jonan be paid each month? A.$3797.00 B.$…

Jonah decides to invest $710,000 in a period annuity that earns 2.6% APR compounded monthlyfor a period of 25 years. How much money will Jonan be paid each month? A.$3797.00 B.$…
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Jonah decides to invest $710,000 in a period annuity that earns 2.6% APR compounded monthlyfor a period of 25 years. How much money will Jonan be paid each month?

A.$3797.00
B.$2842.41
C.$3221.05
D.$4767.70

User Jason Thuli
by
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1 Answer

4 votes

Answer:c

Explanation:

User MattSlay
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