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Business, 02.11.2020 16:30 boss1373

Suppose that you just paid $76,000 for a security that will make its first payment to you in 7 years from today. It will continue to make equal annual payments every year indefinitely. Find the size of the payments that you will receive from the security if the interest rate is 5%

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Suppose that you just paid $76,000 for a security that will make its first payment to you in 7 years...
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