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How much should you pay for a financial contract that offers you a $2,5007-year annuity...

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Finance

How much should you pay for a financial contract that offers you a $2,5007-year annuity AND a $15,000 lump sum (payable in 7 years), if you need a 6.2% rate of return for the risks involved? [Show your answer in dollars and cents]

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