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12) Assume that you deposited $100,000 in a bonk that offered 10% annual interest rate. How much would be your annual annuity if you are

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12) Assume that you deposited $100,000 in a bonk that offered 10% annual interest rate. How much would be your annual annuity if you are planning to keep the money on the bank forever? Use the perpetuity formula 13) You want to buy a car for $25,000 that has to be paid in Five years. If the car dealer agrees to finance your car at 8%, What would be you annual payment for the car

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