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5. You are considering an annuity which costs $ year at an annual interest rate of 7.50 percent. What is the length of the annuity

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5. You are considering an annuity which costs $ year at an annual interest rate of 7.50 percent. What is the length of the annuity time 160,000 today. The annuity pays $17.500a period? A. 13 years B. 14 years C. 15 years D. 16 years E. 17 years

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