soraHikari
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  • 12-05-2022
  • Mathematics
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Floyd decides to invest $1,000,000 in a 20-year annuity that earns 4.6% APR compounded monthly. How much money will Floyd be paid each month from this annuity?

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llange
llange llange
  • 12-05-2022

Answer:

$6380.38

Step-by-step explanation:

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