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Mathematics, 20.07.2019 06:30 TVASALLO31

Samuel has a life insurance policy that will pay his family $40,000 per year if he dies. if interest rates are at 4.0% when the insurance company has to pay, what is the amount of the lump sum that the insurance company must put into a bank account?

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Samuel has a life insurance policy that will pay his family $40,000 per year if he dies. if interest...
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