Mathematics, 10.09.2021 02:30 lalimares1038

To save for a down payment on a home, suppose you decide to invest in an annuity that pays 7.0% annual interest, compounded annually. If you contribute $8,000 every year for 5 years, how much interest would you earn during the 5 years?

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To save for a down payment on a home, suppose you decide to invest in an annuity that pays 7.0% annu...

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