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(1 point) If you want to be paid from a 12 year ordinary annuity with a guaranteed rate of 7.508% compounded annually, how much
(1 point) If you want to be paid from a 12 year ordinary annuity with a guaranteed rate of 7.508% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $1,000.00 over the 12 year period? Principal = $
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