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#mathametics-financial
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#personal-finance
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#investment
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Zola buys annuity that pays R4000 a year for the next 20 years. The expect annul interest rates will be 8% over that time period. The maximum price she will pay for the annuity is _?
Zola buys annuity that pays R4000 a year for the next 20 years. The expect annul interest rates will be 8% over that time period. The maximum price she will pay for the annuity is _?