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You purchase a two year annuity for/tutorialoutletdotcom

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Presentation on theme: "You purchase a two year annuity for/tutorialoutletdotcom"— Presentation transcript:

1 You purchase a two year annuity for/tutorialoutletdotcom
FOR MORE CLASSES VISIT

2 You purchase a two year annuity for/tutorialoutletdotcom
You purchase a two year annuity for $2800. The annuity FOR MORE CLASSES VISIT Question 1  You purchase a two year annuity for $2800. The annuity pays $1500 each year. What is the annuity's approximate IRR?  Question 1 options:  8.6%  10%  4.5%

3 You purchase a two year annuity for/tutorialoutletdotcom
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