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Finance Assignment | Professional Writing

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May 27th, 2020
  1. You decide to take an annuity distribution from the policy you were the beneficiary on. If the face value is $1,000,000.00, you opt to take it over the next 15 years and the interest rate is 4.5% annually, what is your monthly annuity?

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  1. You decided that you would like to purchase enough life insurance to cover expenses of $56,000 for 10 years earning 2.7% annually. How much do you need to purchase?

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