New jersey mutual has offered you a single premium annuity
New Jersey Mutual has offered you a single premium annuity that will pay you $12,000 per year (end of year) for the next 15 years. If you must pay $109, 296 today for this annuity, what is your expected rate of return?
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new jersey mutual has offered you a single premium annuity that will pay you 12000 per year end of year for the next 15
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