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Mathematics, 04.03.2021 06:30 jacobhawkins112471

Maria, who is now 55 years old, is employed by a firm that guarantees her a pension of $45,000/year at age 65. What is the present value of her first year's pension if the inflation over the next 10 years is continuously compounded at a rate of 6%

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Maria, who is now 55 years old, is employed by a firm that guarantees her a pension of $45,000/year...
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