Question annuity interest rate) An insurance agent just called and offered the opportunity to purchase an annuity of $8,395.72 that will pay $1,000 per year for 30 years. What rate of return would be earned?
Question
annuity interest rate) An insurance agent just called and offered the opportunity to purchase an annuity of
$8,395.72 that will pay $1,000 per year for 30 years. What rate of return would be earned?