asked 79.3k views
3 votes
Sarafina is making monthly payments into an annuity. She wants to have $400 in the fund to buy a new convection range in nine months, and the account pays 4.8% annual interest. What are her monthly payments to the account?

asked
User Yahavi
by
8.2k points

1 Answer

5 votes
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answered
User Binithb
by
8.5k points
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