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Business, 15.11.2019 21:31 moningersavannah
Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the end of that person’s life. the insurance company expects this person to live for 15 more years and would be willing to pay 5 percent on the annuity. how much should the insurance company ask this person to pay for the annuity?
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Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $...
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