case study cirrhosis please see attached document
October 20, 2020
Social Norms
October 20, 2020

Your uncle is about to retire, and he wants to buy an annuity that will provide him with $75,000 of income a year for 20 years, with the first payment coming immediately. The going rate on such annuities is 5.25%. How much would it cost him to buy the annuity today?
(Show all work and calculation)
 
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