You want to buy an annuity that will pay you $1000 per year for 20 years.You find

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You want to buy an annuity that will pay you $1000 per year for 20 years.You find an account that will pay 4% per year, compounded annually.How much must you deposit today in order to fund this annuity?Round your answer to the nearest dollar.

Posted Date: May 18, 2024 10:01 PM

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You want to buy an annuity that will pay you $1000 per year for 20 years.You find

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