Asked by Lindsey

A year-end bonus of $24,000 will generate how much money at the beginning of each month for the next year, if it can be invested at 6.45%, compounded monthly? (Round your answer to the nearest cent.)

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Answered by Lindsey
A year-end bonus of $24,000 will generate how much money at the beginning of each month for the next year, if it can be invested at 6.45%, compounded monthly? (Round your answer to the nearest cent.)
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