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6. We are looking to retire with our 1st $45,000 annuity payment received at the end of this year. The annuity will last for 20

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6. We are looking to retire with our 1st $45,000 annuity payment received at the end of this year. The annuity will last for 20 years. How much do we need to invest today to fund this annuity payment if we earn: A. 4% 7. If we invest money at 14.4% interest how long will it take the money to double

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