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answer using the excel formula function 6. An insurance company offers you an end of year annuity of $21212 per year for the next 20

answer using the excel formula function

6. An insurance company offers you an end of year annuity of $21212 per year for the next 20 years. They claim your return on the annuity is 7 percent. What should you be willing to pay today for this annuity? PMT V FV RATE NPER

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