What is their rate of return or yield on this annuity
Your parents decide to buy an annuity for their new grand child. They plan to pay $10,000 to a bank to buy a 10 year $100/month annuity. What is their rate of return or yield on this annuity purchase.
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your parents decide to buy an annuity for their new grand child they plan to pay 10000 to a bank to buy a 10 year
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