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A year-end bonus of $20,000 will generate how much money at the beginning of each month...

A year-end bonus of $20,000 will generate how much money at the beginning of each month for the next year, if it can be invested at 6.24%, compounded monthly? (Round your answer to the nearest cent.)

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PPrinipale p0000 x)rate af interaste 6.94- Ameunt in the beginning i00 of 1st mmonte 1t 6-94) 20000 20000 (1+0-0642) A 2124820000+6.215 100/ As- P( 100 A$2068.8 620000/1+-6.24 Ace 100 A6-28757.97 7-20000 F 24 A7 Aa 305s 2 4 As 1+6-24 DOO0 l0o 10 0 A12 2000 01+6.24 12 100 1o0 A124135107 achers Sign

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