How much to have monthly if bought annuity of given payments
Brian inherited $500,000 from his grandpa who passed away last month. How much would he have monthly, if he bought a 30 year annuity whose payments start next month? Assume the interest rate is 6 percent per year?
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How much would he have monthly, if he bought a 30 year annuity whose payments start next month? Assume the interest rate is 6 percent per year?
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