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For your retirement, Glenn's Discount Bank has offered to sell you an annuity today that will pay you $92,000 per year for 11 years. If
For your retirement, Glenn's Discount Bank has offered to sell you an annuity today that will pay you $92,000 per year for 11 years. If you canearn 12% per year on your savings, what is the most you would be willing to pay the bank today? Answer to 2 decimal places, for example 100.21.
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