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9 March, 16:00

Jonathan decides to invest $1,000,000 in a period annuity that earns 4.9%

APR compounded monthly for a period of 15 years. How much money will

Jonathan be paid each month?

A. $7812.13

B. $7685.98

C. $7855.94

D. $7986.93

APEX : D

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Answers (1)
  1. 9 March, 18:33
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    Answer:$7855.94
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