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J Johnson receives a defined retirement benefit commences in 15 years. At the time Johnson is to receive monthly cash payments of 1500 for 10

J Johnson receives a defined retirement benefit commences in 15 years. At the time Johnson is to receive monthly cash payments of 1500 for 10 years with the first payment scheduled for the end of the month of the initial month of benefit. Assume an interest rate of 6

sorry the question is what is the value of the deffered annunity as of today assume annual compounding during the defferal period

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