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You are offered an annuity that will pay you $10,000 per year for life. Interest rates are 5.5%. How much should you pay for it
You are offered an annuity that will pay you $10,000 per year for life. Interest rates are 5.5%. How much should you pay for it Annuity/year Interest rate Value today
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
