Helen is contemplating purchasing a single premium annuity from an insurance company. The insurance company is promising
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Helen is contemplating purchasing a single premium annuity from an insurance company. The insurance company is promising to pay $594000 after 8 years. They are estimating a 10% annual return.
What amount should Helen pay the insurance company today?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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