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[-/0.95 Points] SMITHNM13 11.1.047. Suppose that an insurance agent offers you a policy that will provide you with a yearly income of $60,000 in 30

image text in transcribed [-/0.95 Points] SMITHNM13 11.1.047. Suppose that an insurance agent offers you a policy that will provide you with a yearly income of $60,000 in 30 years. What is the comparable salary today, assuming an inflation rate of 4% compounded annually? (Round your answer to the nearest cent.) $

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