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Alex purchased an annuity which will pay him K65,000 at the end of each year for 8 years, at an implied interest rate of 8%.
- Alex purchased an annuity which will pay him K65,000 at the end of each year for 8 years, at an implied interest rate of 8%. What is the cost/present value of the annuity?
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Business Security Audit And Review Toolkit The Modern Toolkit For Security And Risk Professionals To Grow Their Business And For The Business Owners.
Authors: L Burke Files, Gamal Newry, Ibrahim Yeku
1st Edition
1674831315, 978-1674831312
