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Mathematics, 30.12.2020 06:30 id0617045
Caitlin invested in a lifetime annuity that begins payments at age 65. Her life expectancy is 88. Caitlin invested $1000000 in the annunity, which earns 4.1% APR, compounded monthly. With this annuity, what is Caitlin's monthly payment amount?
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Caitlin invested in a lifetime annuity that begins payments at age 65. Her life expectancy is 88. Ca...
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