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If you are investing $10,000 today at an interest rate of 2.98% compounded annually for a period of 12 years, What uniform series of payments you should receive over next 12 years?

  • $10,000
  • $1,000
  • $595.96
  • $2,200
  • $850
  • $2,500
  • $2,000

Reference no: EM131334902

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