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MC algo 5-51 Calculating Perpetuity Interest Rate You just paid $395,000 for a policy that will pay you and your heirs $14,900 per year forever
MC algo 5-51 Calculating Perpetuity Interest Rate You just paid $395,000 for a policy that will pay you and your heirs $14,900 per year forever with the first payment in one year. What rate of return are you earning on this policy? Multiple Choice 3.63% 3.96% 4.02% 3.90% 3.77%
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