Question: I need help solving this problem, please show your work, Thank you! A life insurance company is trying to sell you an investment policy for

I need help solving this problem, please show your work, Thank you!

A life insurance company is trying to sell you an investment policy for $120,000 that will pay you and your heirs $15,000 per year forever with the first payment 1 year from now. What is the implied return on this investment

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