Mathematics, 03.02.2021 01:50 wanderlay29

The mathematics department has just received a $200000 donation. The department wants to invest in an annuity so that they can gove a prize every month to its most improved math student for next 15 years. The bank is offering 4.5% compounded monthly. What would be the size of the department’s monthly prize offered? Plz help me with this question ASAP

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The mathematics department has just received a $200000 donation. The department wants to invest in

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The mathematics department has just received a $200000 donation. The department wants to invest in a...