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OpenStudy (anonymous):
HELP PLEASE! Sarafina is making payments into an annuity. She wants to have $400 in the fund to buy a new convection range in 9 months, and the account pays 9.6% annual interest. What are her monthly payments to the account?
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OpenStudy (anonymous):
To have $400 payents in the fund in 9 months, her monthly payments must be $???
OpenStudy (anonymous):
8.9
OpenStudy (anonymous):
really!? :)
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