Mathematics, 29.10.2019 19:31 mrnotsosmart744
Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 4.5%/year compounded monthly. if the future value of the annuity after 14 years is $50,000, what was the size of each payment? (round your answer to the nearest cent.)
Answers: 2
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