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Mathematics, 19.05.2020 02:03 dfgt5620

Item 5 Item 5
You are earning an average of $47,400 and will retire in 10 years. If you put 20% of your gross average income in an ordinary annuity compounded at 7% annually, what will be the value of the annuity when you retire?

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You are earning an average of $47,400 and will retire in 10 years. If you put 20...
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