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Moving to another question will save this response. Question 35 You are considering an annuity which costs $90,138 today. The annuity pays 56,400 a year
Moving to another question will save this response. Question 35 You are considering an annuity which costs $90,138 today. The annuity pays 56,400 a year at an annual interest rate of 6.0 percent. What is the length of the analytime 48.40 years 15.50 years 30.90 years 33.00 years 32.00 years Moving to another question will save this response. Question 36 1 points Meadow Brook Manor would like to buy some additional land and build a new assisted living center. The anticipated total cost is 526 million. The CEO of the firms que contre and will only do when the company has sufficient funds to pay cash for the entire construction project Management has decided to save $2 million a quarter for this purpose. The firm cans per compounded by funds it saves. How long does the company have to wait before expanding its operations? 2.49 years 5.79 years 2.99 years 3.89 years 6.99 years Moving to another question will save this response
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