mfkinnatz
mfkinnatz
18.10.2020 • 
Mathematics

An investor wants to save money to purchase real estate. She buys an annuity with monthly payments that earn 5.6% interest, compounded monthly. Payments will be made at the end of each month, Find the total value of the annuity in 16 years if each monthly payment is $65.
Do not round any intermediate computations, and round your final answer to the nearest cent

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