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QUESTION
You are considering an annuity which costs 50,000 today. The annuity pays 3,000 a year. The rate of return is 3.39%. What is the length of the
You are considering an annuity which costs £50,000 today. The annuity pays £3,000 a year. The rate of return is 3.39%. What is the length of the annuity time period?
