Live Forever Life Insurance Co Is Selling A Perpetuity Contract That Pays 1800 M

Live forever Life insurance Co. is selling a perpetuity contract that pays 1800 monthly. the contract currently sells for $95000. what is the monthly return on the investment. what is the APR and the EAR?

Live forever Life insurance Co. is selling a perpetuity contract that pays 1800 monthly. Thecontract currently sells for $95000. What is the monthly return on the investment?What is theAPR and…

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