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Mathematics, 22.04.2020 18:59 javontiye226

Gertrude has a life insurance policy that will pay her family $97,000 per year if

she dies. If interest rates are at 1.4% when the insurance company has to pay,

what is the amount of the lump sum that the insurance company must put

into a bank account?

O A. $692,857.14

O B. $692,857,142.90

O C. $6,928,571.43

O D. $69,285,714.29

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