Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $43,000 per year forever. A representative for Curly's tells you the policy costs $680,000. At what interest rate would this be a fair deal?
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Home » Business » Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $43,000 per year forever. A representative for Curly's tells you the policy costs $680,000. At what interest rate would this be a fair deal?