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Business, 04.02.2020 05:44 sarahgoff

C. d. rom has just given an insurance company $34,500. in return, he will receive an annuity of $4,200 for 20 years. at what rate of return must the insurance company invest this $34,500 in order to make the annual payments? (do not round intermediate calculations)

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C. d. rom has just given an insurance company $34,500. in return, he will receive an annuity of $4,2...
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