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Connor has $430,000 to invest in a 5-year annuity. Assuming the time value of money is 12%, what amount will Connor receive in cash each
Connor has $430,000 to invest in a 5-year annuity. Assuming the time value of money is 12%, what amount will Connor receive in cash each year? Use Appendix Table 2. (Round your answer to the nearest dollar.)
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