What would be the purchase price of an annuity that provides $500 at the end of every

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What would be the purchase price of an annuity that provides $500 at the end of every month for five years and earns an interest rate of 4% compounded monthly?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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