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pls solve You have just purchased a life insurance policy (whole life) that requires you to make 43 semi-annual payments of $630 each, where the

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You have just purchased a life insurance policy (whole life) that requires you to make 43 semi-annual payments of $630 each, where the first payment is made immediately (some would define this as an annuity due). The insurance company has guaranteed that these payments will be invested to earn you an effective annual rate (EAR) of 8.4722085%, although interest is compounded monthly. At the end of 21 years ( 43 payments) you may elect to receive the proceeds of this policy in fifteen equal annual payments, where the first payment will begin 1 year after the policy terminates (some would define this as a regular annuity). If the "effective" annual interest rate remains at 8.4722085%, then how much will you receive during each of these fifteen years? Enter your answer in dollars, rounded to the nearest dollar, with no unctuation. For example, if your answer is $25,672.12, enter "25672

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