[Solved] The Good Life Insurance Co. wants to sell

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The Good Life Insurance Co. wants to sell you an annuity which will pay you $750 per quarter for 30 years. You want to earn

The Good Life Insurance Co. wants to sell you an annuity which will pay you $750 per quarter for 30 years. You want to earn a minimum rate of return of 6.0 percent. What is the most you are willing to pay as a lump sum today to buy this annuity?

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