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QUESTION 1 20 points Carty buys a 25-year annuity that will deliver and of month payments. The first payment wit be $1500. How much more will cost to index the annuity so that payments grow at the rate of 1.8% compounded monthly? Assume the money used to purchase the annuity Banu 3.6% compounded monthly For the toolbar, press ALT F10 Por ALTAFNF10 (Mac). I us Paragraph Ariel 10pt A2 XO a QUESTION 1 20 points Carry buy a 25-year annily that will delive end-of-month payments. The first payment will be 51500. How much more will cost to der heuty to that pamants grow at the of 1.3 compounded moly? Assume the money used to purchase the annuity as 3.8% compounded monthly For the toolbar, press ALT F10 PCI O ALT+N+F10 iMac. BIUS Paragraph Ariel TODE E A 2 IXO QFE 1 O WORDS POWERED BY TINY QUESTION 1 20 points Carty buys a 25-year annuity that will deliver and of month payments. The first payment wit be $1500. How much more will cost to index the annuity so that payments grow at the rate of 1.8% compounded monthly? Assume the money used to purchase the annuity Banu 3.6% compounded monthly For the toolbar, press ALT F10 Por ALTAFNF10 (Mac). I us Paragraph Ariel 10pt A2 XO a QUESTION 1 20 points Carry buy a 25-year annily that will delive end-of-month payments. The first payment will be 51500. How much more will cost to der heuty to that pamants grow at the of 1.3 compounded moly? Assume the money used to purchase the annuity as 3.8% compounded monthly For the toolbar, press ALT F10 PCI O ALT+N+F10 iMac. BIUS Paragraph Ariel TODE E A 2 IXO QFE 1 O WORDS POWERED BY TINY

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