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Title: Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for 20 ye Post by: Ishara Kariyawasam on May 22, 2022 Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for 20 years after retirement. Charlie wants to receive the first annuity payment at the end of the 30th year. Using an interest rate of 10%, how much must Charlie invest today in order to have his retirement annuity (round to nearest $10).
Select one: a. $490 b. $500 c. $540 d. $570 Title: Re: Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ... Post by: bio_man on May 22, 2022 C is the correct answer:
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