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Annuity Value of Fixed Payments: Sarah invested in a fixed rate annuity that will pay her $50,000 per year for the next 20 years. What

Annuity Value of Fixed Payments: Sarah invested in a fixed rate annuity that will pay her $50,000 per year for the next 20 years. What is the present value of this annuity if the rate for similar annuities is 7%. $467.894.01 $479,001:23 $501,987.65 $529,700.71

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