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Business, 12.07.2021 19:20 NotYourStudent
Suppose you invest $210,000 in an annuity that returns 6 annual payments, with the first payment one year from now and each subsequent payment growing by 5%. At an interest rate of 8%, how much is the first annual payment you receive?
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Suppose you invest $210,000 in an annuity that returns 6 annual payments, with the first payment one...
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