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PLEASE SHOW THE FINANCIAL CALCULATOR STEPS IF POSSIBLE Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,250 monthly. The contract currently

PLEASE SHOW THE FINANCIAL CALCULATOR STEPS IF POSSIBLE

Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,250 monthly. The contract currently sells for $71,000. a. What is the monthly return on this investment vehicle? b. What is the APR? c. What is the effective annual rate

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