Alice Wolf wants to know how much she will have to invest today in order to receive

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an annuity of $10,000 for six years if interest is earned at 7% annually. She will make all

her withdrawals at the end of each year. How much should she invest?

I HAVE TRIED THE FORMULAS BUT NOT GETTING THE ANSWER

Posted Date: Jun 25, 2024 04:28 PM

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Alice Wolf wants to know how much she will have to invest today in order to receive

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