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Mathematics, 21.02.2020 20:53 meghan0123

Nora wants to have an income of $42,000 a year when she retires. she finds a CD that offers 4.5% APR compounded annually, and she also finds a period annuity that offers 4.5% APR compounded monthly for 20 years. How much more money would Nora need to invest in the CD than in the annuity in order to reach her goal? A. $$380,104.30 B. $933,333.33 C. $365,784.59 D. $553,229.03 APEX plz respond asap

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Nora wants to have an income of $42,000 a year when she retires. she finds a CD that offers 4.5% APR...

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