Business, 03.12.2020 20:10 thruhdyjgrt

Juan purchases an annuity for 3890 dollars that will make 19 annual payments, the first to come in one year. If the effective rate of interest is 10.8 percent, how much is each annual payment?

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Juan purchases an annuity for 3890 dollars that will make 19 annual payments, the first to come in o...