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Betty Bronson has just retired after 2 5 years with the electric company. Her total pension funds have an accumulated value of $ 1 8

Betty Bronson has just retired after 25 years with the electric company. Her total
pension funds have an accumulated value of $180,000, and her life expectancy is 15
more years. Her pension fund manager assumes she can earn a 3 percent return on her
assets. What will be her monthly annuity for the next 15 years?

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