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Live Forever Insurance Company is selling a perpetual annuity contract that pays $2,900 monthly. The contract currently sells for $327,000. What is the monthly return
Live Forever Insurance Company is selling a perpetual annuity contract that pays $2,900 monthly. The contract currently sells for $327,000. What is the monthly return on this investment vehicle? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. What is the APR? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. What is
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