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An insurance company promises to pay your sister Dua $1 million on her 55th birthday in return for a one-time payment of $200,000 today. Dua

An insurance company promises to pay your sister Dua $1 million on her 55th birthday in return for a one-time payment of $200,000 today. Dua just turned 26 years old. At what annual interest rate would Dua be indifferent between accepting the companys offer and investing the premium on her own? (Use the calculators TVM buttons.)

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