Business, 21.04.2021 19:40 mepuppy5000

At retirement, you have saved $800,000 in your employer's savings plan. They have offered to convert this money to an annual payment of $70,000 for the next 30 years. What is the interest rate of this annuity?

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At retirement, you have saved $800,000 in your employer's savings plan. They have offered to convert...