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Business, 09.08.2021 20:40 brandontru

Suppose you invest $200,000 in an annuity that returns 10 annual payments, with the first payment one year from now and each subsequent payment growing by 6%. At an interest rate of 7%, how much is the first annual payment you receive

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Suppose you invest $200,000 in an annuity that returns 10 annual payments, with the first payment on...
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