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Question No. 8: Tammy is age 65 and just newly retired. She has a total personal savings of F. She wants guaranteed income while alive.

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Question No. 8: Tammy is age 65 and just newly retired. She has a total personal savings of F. She wants guaranteed income while alive. In exchange for a single payment of F. an insurance company promised her an annual payment (at the beginning of each year) of 50,000 with: the first 10 payments guaranteed, whether she is alive or not, and the subsequent payments made provided she is alive. You are given: m 0.05 ass 10.263 275 - 7.448 osta 7.095 Calculate F. Question No. 8: Tammy is age 65 and just newly retired. She has a total personal savings of F. She wants guaranteed income while alive. In exchange for a single payment of F. an insurance company promised her an annual payment (at the beginning of each year) of 50,000 with: the first 10 payments guaranteed, whether she is alive or not, and the subsequent payments made provided she is alive. You are given: m 0.05 ass 10.263 275 - 7.448 osta 7.095 Calculate F

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