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PLEASE SHOW WORK :) Question 2 1/1 pts For your retirement, Glenn's Discount Bank has offered to sell you an annuity today that will pay
PLEASE SHOW WORK :)
Question 2 1/1 pts For your retirement, Glenn's Discount Bank has offered to sell you an annuity today that will pay you $43,000 per year for 24 years. If you can earn 7% per year on your savings, what is the most you would be willing to pay the bank today? Answer to 2 decimal places, for example 100.21. orrect! 493,181.36 ect Answer 493, 181.36 margin of error +/-0.05%Step by Step Solution
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