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Anwar is a 45 years old teacher, he received a call from an insurance agent who believes that Anwar is ready to retire from teaching.

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Anwar is a 45 years old teacher, he received a call from an insurance agent who believes that Anwar is ready to retire from teaching. He talks to him about several annuities that he could buy and would guarantee him a fixed annual income. The annuities are as follows: Annuity Purchasing price Amount received per year Duration of the A Annuity 15,000 14,000 16,000 150,000 140,000 120,000 B 15 27 22 Anwar was planning to save his money in a saving account with 13% interest rate. Anwar asked you to help him to take the right decision by selecting the best option in terms of return

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