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2. You have just read an ad which says Deposit $2,000 a year for 12 years and we will pay you $2,100 per year forever
2. You have just read an ad which says Deposit $2,000 a year for 12 years and we will pay you $2,100 per year forever starting the year after your last deposit. At the time of the depositors death the pv of whatever is left will be paid into his/her estate. At what interest rate will this be a fair deal?
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