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After receiving a reward for information leading to the arrest of a notorious criminal, you are considering investing it in an annuity that pays $15,000

After receiving a reward for information leading to the arrest of a notorious criminal, you are considering investing it in an annuity that pays $15,000 at the end of each year for 10 years. You could earn 1.5% on your money in other investments with equal risk. What is the most you should pay for the annuity

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