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Jack and Jill need to save $8600 toward a new car. How long willit take them if they save $280 a month earning an annual
Jack and Jill need to save $8600 toward a new car. How long willit take them if they save $280 a month earning an annual interestof 6.7% (compounded monthly)? (Treat as an ordinary annuity.)(State 1 answer
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Jack and Jill are saving money in an ordinary annuity An ordinary annuity is a sequence of equal pay...
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