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16 January, 17:29

Shauntae is 75 years old. he purchased a single life annuity contract that will pay him $3,000 per month for 10 years. the expected return under the contract is:

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  1. 16 January, 17:55
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    The answer is, 3,000x 12 = 36,000

    36,000 x 10 years = 360,000
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