Mathematics, 12.03.2021 19:00, hannahgracew12

Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 2.5%/year compounded monthly. If the future value of the annuity after 10 years is $60,000, what was the size of each payment? (Round your answer to the nearest cent.) $

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Suppose payments were made at the end of each month into an ordinary annuity earning interest at the...