Alex bell has just retired from the telephone company his, Ask an Expert

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Alex Bell has just retired from the telephone company. His total pension funds have an accumulated value of $200,000 and his life expectancy is 16 more years. HIs pension fund manager assumes he can earn a 12% return on his assets.

What will be his yearly annuity for the next 16 years?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9871530

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