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13-09-2022
Mathematics

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Park investments offers an 8 year ordinary annuity with guaranteed rate of 5.69% compounded annually. How much should you pay today for once of these annuities if you want to receive payment of $10,000 annually over the 8 year period ?

Park investments offers an 8 year ordinary annuity with guaranteed rate of 569 compounded annually How much should you pay today for once of these annuities if class=

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