Curlys life insurance co is trying to sell you an, Ask an Expert

Economics

Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $33,000 per year forever. A representative for Curly's tells you the policy costs $580,000.

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At what interest rate would this be a fair deal?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9741303

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