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offers to An insurance 20 per quarter for annuity pay you $1,000 you want to earn years. a rate of return of 3.9% with quarterly

offers to An insurance 20 per quarter for annuity pay you $1,000 you want to earn years. a rate of return of 3.9% with quarterly compounding, what is the most you would be willing to pay today to obtain this annuity? If
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An insurance annuity offers to pay you $1,000 per quarter for 20 yeanes. If you want to earn a rate of retum of 3.9% with quarterly companding, what is the most you would be willing to pay today to obtain this annuity

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