You want to receive ​$575 at the end of each year for 3 years. Interest is 6.1% compounded annually. ​(a) How much would

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answerhappygod
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You want to receive ​$575 at the end of each year for 3 years. Interest is 6.1% compounded annually. ​(a) How much would

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You want to receive ​$575 at the end of each year for 3 years.
Interest is 6.1% compounded annually. ​(a) How much would you have
to deposit at the beginning of the 3​-year ​period? ​(b) How much
of what you receive will be​ interest?
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