Question

Acme Annuities recently offered an annuity that pays 6.6 % compounded monthly. What equal monthly deposit...

Acme Annuities recently offered an annuity that pays

6.6 %

compounded monthly. What equal monthly deposit should be made into this annuity in order to have

$ 133 comma 000

in

8

​years?

Math   Statistics-And-Probability   
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