Mathematics, 03.08.2020 14:01 Morganwing1019
11. John has a life insurance policy that will pay his family $32,000 per year if he dies. If interest rates are at 2.5% 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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11. John has a life insurance policy that will pay his family $32,000 per year if he dies. If intere...
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