Question
Calculate the annual interest rate for the following life insurance settlement: monthly income $5.61 for 19 years for each $1000 of proceeds. a. 0.44% b.
Calculate the annual interest rate for the following life insurance settlement: monthly income $5.61 for 19 years for each $1000 of proceeds. a. 0.44% b. 2.69% c. 0.22% d. 5.28%
Answer is 2.69%
Show why the answer is 2.69% on financial calculator BA II Plus Texas Instrument
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Multifractal Financial Markets An Alternative Approach To Asset And Risk Management
Authors: Yasmine Hayek Kobeissi
1st Edition
1461444896, 978-1461444893
