Atlas insurance wants to sell you an annuity which will pay

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Reference no: EM13617984

Atlas Insurance wants to sell you an annuity which will pay you $600 per quarter for 25 years. You want to earn a minimum rate of return of 5.0 percent. What is the most you are willing to pay as a lump sum today to buy this annuity?

Reference no: EM13617984

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