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Fidelity Investments offers a 1 0 - year annuity with a guaranteed rate of 3 . 6 5 % compounded annually. How much should be

Fidelity Investments offers a10- year annuity with a guaranteed rate of 3.65% compounded annually. How much should be funded into oneof these annuities if you want to receive yearly payments of $3,000 over a 10- vear period? Show Work

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