What is the payment amount

Reference no: EM131937380

Question: Assume you pay $24,000 today in exchange for an annuity with monthly payments, an APR of 6.75 percent, and a life of 15 years. What is the payment amount? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131937380

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What is the payment amount : Assume you pay $24,000 today in exchange for an annuity with monthly payments, an APR of 6.75 percent, and a life of 15 years. What is the payment amount?

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