Mathematics
Mathematics, 30.10.2021 21:40, huangjianhe135

Ruth has paid $900,000 to purchase an investment product that will pay her and her heirs $30,000 a year forever.
Calculate the rate of return that investment product is offering to Ruth.
Show all your calculation

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Answers: 3

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Ruth has paid $900,000 to purchase an investment product that will pay her and her heirs $30,000 a...

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