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An individual is considering buying an ANNUITY that will generate a MONTHLYNet Cash Flow of $ 5 5 0 for the next 1 5 YEARS.
An individual is considering buying an ANNUITY that will generate a MONTHLYNet Cash Flow of $ for the next YEARS.
If his required rate of return is annually, how much should he be willing to pay for the annuity TODAY? Round answer to the nearest Dollar
Use commas and a dollar sign
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