Question: walk me through and the equations used this problem step by step and explain thrughly and the equations plz You are offered a $15,000 life
walk me through and the equations used this problem step by step and explain thrughly and the equations plz
- You are offered a $15,000 life insurance policy requiring thirty annual payments of $195 each. What is the compound value of the payments that you will have made after the policy is paid up, assuming that the discount rate is 10 percent?
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