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Business, 02.04.2021 09:10 22millt

You buy an annuity which will pay you $12,000 a year for ten years. The payments are paid on the first day of each year. What is the value of this annuity today at a 7% discount rate?

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You buy an annuity which will pay you $12,000 a year for ten years. The payments are paid on the fir...
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