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23) You are wondering whether to buy an annuity just offered to you by Calvin's Crazy Credit Company (The 4C's). For a mere $5,000 today,
23) You are wondering whether to buy an annuity just offered to you by Calvin's Crazy Credit Company (The "4C's"). For a mere $5,000 today, 4Cs is offering to pay you $500 per year for the next 12 years. What annual rate of interest is 3F offering on this investment? 
23) You are wondering whether to buy an annuity just offered to you by Calvin's Crazy Credit Company (The " 4Cs ). For a mere $5,000 today, 4C s is offering to pay you $500 per year for the next 12 years. What annual rate of interest is 3F offering on this investment
23) You are wondering whether to buy an annuity just offered to you by Calvin's Crazy Credit Company (The "4C's"). For a mere $5,000 today, 4Cs is offering to pay you $500 per year for the next 12 years. What annual rate of interest is 3F offering on this investment?
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