Problem 9-35 Solving for an annuity (L09-4) Betty Bronson has just retired after 25 years...
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Problem 9-35 Solving for an annuity (L09-4) Betty Bronson has just retired after 25 years with the electric company. Her total pension funds have an accumulated value of $340,000, and her life expectancy is 16 more years. Her pension fund manager assumes he can earn a 11 percent return on be assets What will be her yearly annuity for the next 16 years Use Aonende for an approximate answer bot calculate your final answer using the formula and financial calculator methods (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Annuity

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