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You just purchased an insurance policy that will pay your descendants a constant amount of money every year indefinitely. The discount rate is 6.3 percent.

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You just purchased an insurance policy that will pay your descendants a constant amount of money every year indefinitely. The discount rate is 6.3 percent. How much will your descendants receive each year if you paid $5,000,000 for this policy today? $430,000$563,630$315,000$126,000$793,651

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