Mathematics, 17.12.2020 09:20 Rocket3138
Phillip decides to invest $800,000 in a period annuity that earns 5.2% APR
compounded monthly for a period of 20 years. How much money will Phillip
be paid each month?
A. $6159.31
B. $6389.29
C. $5368.43
D. $5200.00
Answers: 1
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Phillip decides to invest $800,000 in a period annuity that earns 5.2% APR
compounded monthly for a...
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