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Atlas insurance wants to sell you an annuity which will pay you $800 per quarter for 20 years. You want to earn a minimim rate
Atlas insurance wants to sell you an annuity which will pay you $800 per quarter for 20 years. You want to earn a minimim rate of return of 6.0 percent. what is the most you are willing to pay as a lump sum today to buy this annuity?
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