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6 c. Commercial banks collect deposits and make loans d. Investment banks collect premiums and pay insurance claims in the event of a loss e.
6 c. Commercial banks collect deposits and make loans d. Investment banks collect premiums and pay insurance claims in the event of a loss e. All of these are true 6. You won a lottery that has agreed to pay you $1,000 at the beginning of each month for the next 20 years. If put your winnings in an account earning 6% interest, how much will you have by the end of the 30 years? a. $462,041 b. $840,636 c. $844,839 d. $836,453 e. $924,082 Pow are offered a special set of annuities by your insurance company, whereby you wilf Wholye 8.4. oog per year for five years starting seven years from today. If the present wht
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