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will rate :) 40) Equitable Insurance Company is offering an 20 year annuity that will pay you $2,000 annually for 10 years beginning at the
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40) Equitable Insurance Company is offering an 20 year annuity that will pay you $2,000 annually for 10 years beginning at the end of year 10. The interest rate being offered is 8%. What is the purchase price of this annuity? Round to the dollar. 38) If you invest $750 every six months at 8% compounded semi-annually, how much would you accumulate at the end of 10 years? A) 510,065 B) $10,193 C) $22,334 D) $21,731 Question 39 39) Non investment grade bonds have risks grades of Step by Step Solution
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