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Help please American General offers a 18-year annuity with a guaranteed rate of 7.48% compounded annually. How much should you pay for one ofthese a

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American General offers a 18-year annuity with a guaranteed rate of 7.48% compounded annually. How much should you pay for one ofthese a testy want to receive payments of $2300 annually over the 18 year period? How much should a customer pay for this annuity? S (Round to the nearest cent)

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