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Business, 20.12.2019 21:31 martinez18abdel

Charlie stone wants to retire in 30 years, and he wants to have an annuity of $1,000 a year for 20 years after retirement. charlie wants to receive the first annuity payment at the end of the 30th year. using an interest rate of 10%, how much must charlie invest today in order to have his retirement annuity (round to the nearest $10)?

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Charlie stone wants to retire in 30 years, and he wants to have an annuity of $1,000 a year for 20 y...
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