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Home Q & A Board Science-Related Homework Help Mathematics
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Anonymous bio_man
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3 months ago
Philip wants to supplement his pension by $415 per month with income from his investments. His investments pay him monthly and earn 8 1/2% p.a. What value of  investments must Philip have in his portfolio to generate enough interest to give him his desired income?

The value of investments must be: ?
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Anonymous Authorbio_man
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#1
3 months ago
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