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For $10,000, you can purchase a 5-year annuity that will pay $4,914 per year at the end of the next 5 years. What rate of
For $10,000, you can purchase a 5-year annuity that will pay $4,914 per year at the end of the next 5 years. What rate of return are you earning on your $10,000 investment?
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