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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.
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Sep 14, 2021
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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
Mathematics
middle-school
Jason Thuli
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Answer:c
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MattSlay
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