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Luke has a life insurance policy that will pay his family $29,000 per year if he

dies. If interest rates are at 5.4% when the insurance company has to pay,
what is the amount of the lump sum that the insurance company must put
into a bank account?
O A. $53,703.70
O B. $53,703,703.70
O C. $537,037.04
O D. $5,370,370.37

User Speigg
by
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2 Answers

4 votes

Answer:

^righttt!

Explanation:

<3

User Vijay Prajapati
by
8.4k points
6 votes

Answer:

$537.037.04

Explanation:

This is the real answer, s/o to the person that commented the answer

User Rand Random
by
8.2k points
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