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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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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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