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A business woman has R 5 0 0 0 0 0 0 accumulated in her retirement fund at the time of her retirement. She uses
A business woman has R accumulated in her retirement fund at the time of her retirement. She uses this amount to purchase a retirement annuity. If the annuity offers an interest rate of pa then the monthly income, to the nearest cent, that she will receive from the annuity, in perpetuity, starting one month after the purchase, is equal to 
A business woman has R accumulated in her retirement fund at the time of her retirement. She uses this amount to purchase a retirement annuity. If the annuity offers an interest rate of pa then the monthly income, to the nearest cent, that she will receive from the annuity, in perpetuity, starting one month after the purchase, is equal to
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Finance For Housing An Introduction
Authors: Cathy Davis
1st Edition
1447306481, 978-1447306481
