Business, 04.04.2020 00:52 chloegrace359
American General offers a 18-year annuity with a guaranteed rate of 6.71% compounded annually. How much should you pay for one of these annuities if you want to receive payments of $700 annually over the 18 year period?How much should a customer pay for this annuity?
$ (Round to the nearest cent.)
Answers: 2
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American General offers a 18-year annuity with a guaranteed rate of 6.71% compounded annually. How m...
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