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Business, 16.07.2019 00:00 emileep13

50 years ago, x amount of money was deposited at 4.6% interest rate (compounded yearly). currently, there is y amount of money in the account. now, if we invest y in a perpetual annuity we can get $24,000 at the end of each year, indefinitely. how much money was deposited ori

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50 years ago, x amount of money was deposited at 4.6% interest rate (compounded yearly). currently,...

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