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Chap 6 Discounted CF Valuation Saved MC Qu. 53 You are considering an annuity which costs... 7 You are considering an annuity which costs $104,643

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Chap 6 Discounted CF Valuation Saved MC Qu. 53 You are considering an annuity which costs... 7 You are considering an annuity which costs $104,643 today. The annuity pays $7,200 a year at an annual interest rate of 5.5 percent. What is the length of the annuity time period? 1 points Multiple Choice eBook 30.00 years References 31.00 years O 39.84 years 20.06 years O 28.90 years

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