Business, 05.05.2020 06:41, officialrogerfp3gf2s

Phillip decides to invest $800,000 in a period annuity that earns 5.2% APR
compounded monthly for a period of 20 years. How long will it take Phillip to
earn back his initial investment?

Answers: 3

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Phillip decides to invest $800,000 in a period annuity that earns 5.2% APR
compounded monthly...