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your boss spends $20 a month on lottery tickets. After 15 years, her total winnings are $25000. Suppose that she had invested the money she spent on lottery tickets monthly into an annuity that earned...

Suppose that your bank pays 10% interest, compounded semiannually. Use Table 12-2 of your text to find how much should be deposited now to yield an annuity payment of $400 at the END of every six...

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