(1 point) Juan purchases an annuity for $4930 that will make 23 annual payments, the first...
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(1 point) Juan purchases an annuity for $4930 that will make 23 annual payments, the first to come in one year. If the effective rate of interest is 9.5%, how much is each annual payment? Payment = $ (1 point) Juan purchases an annuity for $4930 that will make 23 annual payments, the first to come in one year. If the effective rate of interest is 9.5%, how much is each annual payment? Payment = $
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