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3. Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year forever. Suppose

3. Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year forever. Suppose Curly's told you the policy costs $600,000. What interest rate is Curly's Life Insurance offering

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