Calculate the Annual Cash Flows of a $500,000,12-Year Fixed-Payment Annuity

question 50

Multiple Choice

Calculate the annual cash flows of a $500,000,12-year fixed-payment annuity earning a guaranteed 6 percent per year if annual payments are to begin at the end of the current year.

• A)$59,638.51.
• B)$56,262.75.
• C)$29,819.26.
• D)$83,841.52.

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Pertains to matters concerning the relationships and interactions between countries, including diplomacy, international trade, and geopolitical strategy.

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