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A local bank will pay you $ 1 5 5 a year for your lifetime if you deposit $ 2 0 0 0 in the
A local bank will pay you $ a year for your lifetime if you deposit $ in the bank today. If you plan to live forever, what interest rate is the bank paying?
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
