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September 2, 2014

Homework Help: ALGEBRA

Posted by Urgen please help on Tuesday, June 12, 2012 at 5:03pm.

Suppose an insurance agent offers you a policy that will provide you with a yearly income of $280,000 in 20 years. What is the comparable annual salary today, assuming an inflation rate of 5%?. (Round your answer to the nearest cent.)

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