Question: ( 1 point ) Juan purchases an annuity for $ 4 2 3 0 that will make 1 7 annual payments, the first to come

(1 point)
Juan purchases an annuity for $4230 that will make 17 annual payments, the first to come in one year. If the effective rate of interest is 10.6%, how much is each annual payment?
Payment =$
 (1 point) Juan purchases an annuity for $4230 that will make

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