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  3. a company has agreed to pay 4 7 million in 6 years

A company has agreed to pay 4 7 million in 6 years to settle a...

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Basic Math

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A company has agreed to pay 4 7 million in 6 years to settle a lawsuit How much must it invest in an account paying 9 annual inte monthly to have that amount when it is due What is the interest rate per period Type an integer or decimal rounded to four decimal places as needed

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