Business, 15.12.2020 16:10 sydneyclack

You have set up a life annuity with a present value of $250,000. If your life expectancy at retirement is 25 years, what will your monthly income be if the APR is 8%, compounded monthly? a. $1978.69
b. $2047.65
c. $1929.54
d. $1889.03

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You have set up a life annuity with a present value of $250,000. If your life expectancy at retireme...

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