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April 18, 2014

Homework Help: math

Posted by Anonymous on Monday, September 10, 2012 at 10:42pm.

Suppose an insurance agent offers you a policy that will provide you with a yearly income of $230,000 in 30 years. What is the comparable annual salary today, assuming an inflation rate of 4%?. (Round your answer to the nearest cent.)
$ 1

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