Mathematics, 15.05.2021 20:40 vlactawhalm29

Max won $400,000 from the lottery. After paying $120,000 in taxes, he invested the remaining money into an annuity account at 3.5% interest compounded semi-annually. Max makes no deposits or withdrawals for 15 years. What is 1%?

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Max won $400,000 from the lottery. After paying $120,000 in taxes, he invested the remaining money i...