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The Wanting Life Insurance Co., is trying to sell you an investment policy that will pay you and your heirs $22,000 per year forever, and

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The Wanting Life Insurance Co., is trying to sell you an investment policy that will pay you and your heirs $22,000 per year forever, and the first payment will start 4 years from now. If the required return on this investment is 4.20%, how much will you pay for the policy? $235,456.70 $462,988.53 $379,372.80 $361,996.95

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