What is the most you are willing to pay as a lump sum today
The Good Life Insurance Co. wants to sell you an annuity which will pay you $790 per quarter for 30 years. You want to earn a minimum rate of return of 6.4 percent. What is the most you are willing to pay as a lump sum today to buy this annuity?
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the good life insurance co wants to sell you an annuity which will pay you 790 per quarter for 30 years you want to
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