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Instead of receiving an inheritance, assume you have an investment that provides the following cash flows: $ 5 , 0 0 0 in year 1
Instead of receiving an inheritance, assume you have an investment that provides the following cash flows: $ in year ; $ in year ; $ in year ; $ in years If you sold this investment today and deposited the proceeds to help with your annuity purchase, what would your monthly payments be Assume required returns on this type of investment are ie the interest rate is
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