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What was the amount of the? bonus

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Reference no: EM131957345

Having earned a bonus at his? work, Rick placed the money in an investment earning 6.18% compounded monthly. He withdrew ?$376 at the end of every month for the next 9 years.

?(a) What was the amount of the? bonus?

?(b) If he made all of the withdrawals as? planned, how much interest was? paid?

Reference no: EM131957345

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