Question: Points ] TANFIN 1 2 5 . 3 . 0 1 6 . Suppose payments were made at the end of each month into an
Points
TANFIN
Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of year compounded monthly. If the future value of the annuity after years is $ what was the size of each payment? Round your answer to the nearest cent.
$
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