Question: Previous Problem Problem List Next Problem Show Problem Sol (1 point) When Grace retires, she wants to make a lump sum investment paying 5.78 percent

Previous Problem Problem List Next Problem Show Problem Sol (1 point)

Previous Problem Problem List Next Problem Show Problem Sol (1 point) When Grace retires, she wants to make a lump sum investment paying 5.78 percent per year compounded annually so that he will receive annuity payments of $8100 per year for the following 15 years. How much should Grace invest as a lump sum? na Anore Submit Answers

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