Step 2 of 5: Find the amount of money that Mark should invest in annuities. Round your answer to the nearest hundredth, if necessary.

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A: Solution:

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Q: fi

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Q: After making 360 monthly payments, how much if what you paid the bank was interest? $           .…

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Q: You deposit $300 each month into an account earning 4% interest compounded monthly. Round to the…

A: a) P=$300 r=0.04 n=12 t=20 So,

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