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Answers 3.74% For $150,000, Greg purchased an annuity that delivers end-of-month payments of $1500. If the undistributed funds were to last 10 years, what
Answers 3.74% For $150,000, Greg purchased an annuity that delivers end-of-month payments of $1500. If the undistributed funds were to last 10 years, what is the required Nominal(same freq) rate of return? ii. What nominal rate will you need for an an RRSP to surpass $100,000 if there are end of week contributions of $250 for 6 years?
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