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want to double check my answer Your professor will shortly retire with a pension that is worth $340,000. His life expectancy is 16 more years.

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want to double check my answer
Your professor will shortly retire with a pension that is worth $340,000. His life expectancy is 16 more years. If the pension payments are based on an assumed return of 11 percent per year. What will be your professor's annulty payment at the end of each year? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Annuity 397 211.10

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