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    monthly paymnets

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    A real estate partnership predicts it will pay $300 at the end of each month to its partners over the next 6 months. Assuming the partners desire an 8% return compounded monthly on their investment how much should they pay?

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    https://brainmass.com/math/algebraic-geometry/monthly-paymnets-295288

    Solution Summary

    This solution uses financial calculator to calculate the following:

    A real estate partnership predicts it will pay $300 at the end of each month to its partners over the next 6 months. Assuming the partners desire an 8% return compounded monthly on their investment how much should they pay?

    $2.19