Business, 09.03.2020 21:15 Arealbot

If the horse is found, a prize of $22,300 a year for 20 years is provided. The actual cost to the publisher to purchase an annuity to pay for the prize is $219,000. What interest rate (to the nearest percent) was used to determine the amount of the annuity

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If the horse is found, a prize of $22,300 a year for 20 years is provided. The actual cost to the pu...

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