Mathematics, 25.01.2022 14:40 ogneshelle
Sydney is saving money and plans on making annual contributions into an account earning an annual interest rate of 7% compounded annually. If Sydney would like to end up with $9,000 after 12 years, how much does she need to contribute to the account every year, to the nearest dollar? Use the following formula to determine your answer. (Annuities - Find Payment Amount)
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