You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 15 years how much money will you need to invest if your desired yearly income is $40,000?
A. $460,000.00
B.$321,631.08
c.$471,283.83
D$432,835.96
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Home » Mathematics » You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 15 years how much money will you need to invest if your desired yearly income is $40,000? A. $460,000.00 B.$321,631.08 c.$471,283.83 D$432,835.96