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cal How much life insurance should a person buy if he wants to leave enough money to ensure that his family will receive $25,000 per

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cal How much life insurance should a person buy if he wants to leave enough money to ensure that his family will receive $25,000 per year in interest, of constant Year-O-value dollars? The interest rate expected from banks is 11%, while the inflation rate is expected to be 4% per year. Ahautomobile that cost S 19,500 in 2004 had an equivalent t the increase is attributed to inflation, what was the average annual rate of inflation? del 4 years later that cost S22 250

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