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An insurance broker calls you and despite your finance professor'sywarnings, you listen to their offer. The offered insurance product requires you to make payments every
An insurance broker calls you and despite your finance professor'sywarnings, you listen to their offer. The offered insurance product requires you to make payments every four month of $ and do so for the next years payment is months from today The insurance product offers to meet your required return of per year ie effective and pay interest every four month. What amount of money should the insurance product promise you at the end of years? Please make sure to use at least up to decimal points for the input
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