A policyholder wishes to annuitize the cash value of her, Financial Management

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A policyholder wishes to annuitize the cash value of her

A policyholder wishes to annuitize the cash value of her insurance policy at retirement. She desires a monthly payment of $ 3500 and the cash value is expected to be $ 865,000 at retirement. Approximately how many monthly payments can she expect to receive if annuity interest rates are 4.25%?

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Financial Management: A policyholder wishes to annuitize the cash value of her

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Financial Management: A policyholder wishes to annuitize the cash value of her

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