Assume you pay 24000 today in exchange for an annuity with, Finance Basics

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Assume you pay 24000 today in exchange for an annuity with

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.

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Finance Basics: Assume you pay 24000 today in exchange for an annuity with

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