polarbear61441 polarbear61441

25-05-2023
Mathematics

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Kayla inherited $25 000. She invests in an annuity that will pay her $500 per month for 4 years at 9% compounded monthly.
How much of her money must she invest in the annuity? [K/U 4] How much money will be left after she buys the annuity? [CI]

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