Mathematics, 13.03.2021 14:00 tporter00

Miguel already knows that he will have $550,000 when he retires. If he sets up a payout annuity for 22 years in an account paying 4% interest, how much could the annuity provide each month? Round your answer to the nearest dollar.

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Miguel already knows that he will have $550,000 when he retires. If he sets up a payout annuity for...

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