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At age 45 when the deferred payments from his current contract ends, all-star shortstop Alex

17 / 01 / 2019 Research Papers

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At age 45 when the deferred payments from his current contract ends, all-star shortstop Alex… 1 answer below » At age 45 when the deferred payments from his current contract ends, all-star shortstop Alex Rodriguezplans to have $175 million in savings from his baseball playing days. He wants two things from his savings:a 40-year ordinary annuity and $200 million at age 55 in order to purchase majority ownership in his nativeMiami’s Florida Marlins. How largecan his annual annuity payment be based on this information andassuming his savings can earn 8% annually after age 45 Sep 22 2015 10:30 AM


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