What is the monthly return on this investment vehicle

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Maybepay Life Insurance Co. is selling a perpetual annuity contract that pays $3,000 monthly. The contract currently sells for $326,000.

What is the monthly return on this investment vehicle?

What is the APR?

Reference no: EM13848981

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What is the monthly return on this investment vehicle : Maybepay Life Insurance Co. is selling a perpetual annuity contract that pays $3,000 monthly. The contract currently sells for $326,000. What is the monthly return on this investment vehicle? What is the APR?
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