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Decide if each is an annuity or not an annuity. a. $1000 cash received per year for 10 years b. $200 paid in month 1,

Decide if each is an annuity or not an annuity.

a. $1000 cash received per year for 10 years

b. $200 paid in month 1, $150 paid in month 2 and $400 paid in month 3

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