miguelalvarado1747 miguelalvarado1747
  • 25-05-2023
  • Mathematics
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American General offers a 8-year annuity with a guaranteed rate of 5.14% compounded annually. How much should you pay for one of these annuities if you want to receive payments of $1900 annually over the 8 year period? How much should a customer pay for this annuity?

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