Suppose you were offered an annuity that will provide you with $73,000 of income a year for 25 years, with the first pay

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Suppose you were offered an annuity that will provide you with $73,000 of income a year for 25 years, with the first pay

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Suppose You Were Offered An Annuity That Will Provide You With 73 000 Of Income A Year For 25 Years With The First Pay 1
Suppose You Were Offered An Annuity That Will Provide You With 73 000 Of Income A Year For 25 Years With The First Pay 1 (9.45 KiB) Viewed 23 times
Suppose you were offered an annuity that will provide you with $73,000 of income a year for 25 years, with the first payment coming immediately. A a discount rate of 5.15%. How much would it cost you to buy the annuity today?
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