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Your broker has offered you an investment vehicle which will

Question : Your broker has offered you an investment vehicle which will : 9000

Your broker has offered you an investment vehicle which will pay you (or your descendants) $36,000 per year forever with the first payment coming one year from today. If the interest rate is 4%, how much is the investment vehicle worth to you today?

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Finance 11 Months Ago 97 Views
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