You are considering an annuity which costs 72600 today the


You are considering an annuity which costs $72,600 today. The annuity pays $5,100 a year. The rate of return is 4 percent. What is the length of the annuity time period?

-5.39 years

-10.74 years

-14.24 years

-21.48 years

-2.42 years

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Financial Management: You are considering an annuity which costs 72600 today the
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