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Mary is going to receive a 33-year annuity of $8,800 per year. Nancy is going to receive a perpetuity of $8,800 per year. If the
Mary is going to receive a 33-year annuity of $8,800 per year. Nancy is going to receive a perpetuity of $8,800 per year. If the appropriate interest rate is 11 percent, how much more is Nancys cash flow worth
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