Question: 3. [-12 Points] DETAILS WANEFMAC7 3.3.007. MY NOTES PRACTICE ANOTHER Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.
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3. [-12 Points] DETAILS WANEFMAC7 3.3.007. MY NOTES PRACTICE ANOTHER Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT [See Quick Example 2.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $10,000 in a fund paying 6% per year, with monthly payments for 5 years we: Need Help
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