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A company offers an insurance contract with payments at the beginning of each month for 10 years at 5% interest. The contract costs $100,000 today.
A company offers an insurance contract with payments at the beginning of each month for 10 years at 5% interest. The contract costs $100,000 today. What is the amount of each payment?
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Activity Based Cost Management In Government
Authors: Gary Cokins
2nd Edition
1567261817, 978-1567261813
