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What will her yearly annuity be for the next years

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Question - Mary Mills has retired after 35 years with the Electric Company her total pension funds have an accumulated value of $300,000, and her life expectancy is 18 more years. Her pension fund manager assumes that she can earn an 8 percent return on her assets. What will her yearly annuity be for the next 18 years?

Reference no: EM132927505

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