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Monthly payments of $75 are paid into an annuity beginning on January 31 with a yearly interest rate of 9% compounded monthly. What is the total value.
But, beloved, be not ignorant of this one thing, that one day is with the Lord as a thousand years, and a thousand years as one day. 2 Peter 3:8.
Launch list 1. Have your “buy vs. rent” HW out on your desk.
The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Chapter 2 Money and the Payments System.
