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A couple wants to have an annuity of $25,000 payable at the beginning of each year for 10 years. They can earn a 7% return

  1. A couple wants to have an annuity of $25,000 payable at the beginning of each year for 10 years. They can earn a 7% return on their investments, 

  2. How much do they need in their investment portfolio to finance those payments?

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