Solution-Length of the annuity time period

Length of the annuity time period

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Reference no: EM131402590

You are considering an annuity which costs $90,000 today. The annuity pays $5,900 a year. The rate of return is 6 percent. What is the length of the annuity time period? (Do not round intermediate calculations.)

Reference no: EM131402590

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Length of the annuity time period

Reference no: EM131402590

Reference no: EM131402590

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