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Mathematics, 03.02.2021 02:20 alyxxboothe

The mathematics department has just received a $200000 donation. The department wants to invest in an annuity so that they can gove a prize every month to its most improved math student for next 15 years. The bank is offering 4.5% compounded monthly. What would be the size of the department’s monthly prize offered? Plz help me with this question ASAP

Plz show all working

Thank you so much God bless you


The mathematics department has just received a $200000 donation. The department wants to invest in

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