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Q11 an insurance the company offers a retirement annuity that pays $100,000 per year for 10 years and sells for $ 800.000 . what is

Q11

an insurance the company offers a retirement annuity that pays $100,000 per year for 10 years and sells for $ 800.000 . what is the implied interest rate that this insurance company offering you?

a, 4.00% b. 4.22 % c. 4,28% d. 5.09%

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