Question: how do I do this? (1 point) Juan purchases an annuity for 3480 dollars that will make 18 annual payments, the first to come in

 how do I do this? (1 point) Juan purchases an annuity

how do I do this?

(1 point) Juan purchases an annuity for 3480 dollars that will make 18 annual payments, the first to come in one year. If the effective rate of interest is 10.3 percent, how much is each annual payment? Answer = dollars

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