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9 Graham Bell has just retired after 30 years with the telephone company. His total pension funds have an accumulated va
Posted: Tue Nov 16, 2021 8:24 am
by answerhappygod
- 9 Graham Bell Has Just Retired After 30 Years With The Telephone Company His Total Pension Funds Have An Accumulated Va 1 (46.48 KiB) Viewed 109 times
9 Graham Bell has just retired after 30 years with the telephone
company. His total pension funds have an accumulated value of $210,000, and his life expectancy is 15 more years. His pension fund manager assumes he can earn a 8 percent return on his assets. What will be his yearly annuity for the next 15 years? (Use a Financial calculator to arrive at the answer. Round the final answer to the nearest dollar amount.) Skipped Annuity $