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How much will he receive annually

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Upon retirement, Chris invests $200,000 in a 10-year ordinary annuity when the prevailing interest rate is 4.0% APR. How much will he receive annually?

Reference no: EM131595163

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How much will he receive annually : Upon retirement, Chris invests $200,000 in a 10-year ordinary annuity when the prevailing interest rate is 4.0% APR. How much will he receive annually?
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