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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 $ 2 4

Betty bronson has just retired after 25 years with the electric company. Her total pension funds have an accumulated value of $240000, and her life expectancy is 18 more years. Her pension fund manager assumes he can earn 11 percent return on her assets. What will be her yearly annuity for the next 18 years?

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