Business Math Anunities Please answer correctly! If money can earn 6.3% compounded monthly,...
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Finance
Business Math
Anunities
Please answer correctly!
If money can earn 6.3% compounded monthly, how much more money is required to fund an ordinary annuity paying $220 per month for 25 years than to fund the same monthly payment for 15 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) $ ta more is required
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