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"In the News" - Alternatively, feel free to post a relevant recent news article related to finance. Articles about ethical issues in public corporations would be specially relevant to this discussion. Remember to provide a link to the article and state briefly why you think that this article is important

 

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Financial Management Questions & Answers

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If a person wants to purchase a whole life annuity so that he can be paid $3,600 at the end of each year for the rest of his life, how much of a premium would he have to pay if he is 53 now?

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