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Sir George Williams has just retired and considering buying an annuity which will pay 5000 at the end of each month for the next 40
Sir George Williams has just retired and considering buying an annuity which will pay 5000 at the end of each month for the next 40 years the first payment will be received in one month Sir Georges opportunity costs is 6% compounded monthly the present value of this annuity is closest to
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