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Freda Mai has a $65,000 insurance annuity. The company has offered monthly payments for twenty years as a payout option for this annuity. The insurance

Freda Mai has a $65,000 insurance annuity. The company has offered monthly payments for twenty years as a payout option for this annuity. The insurance company will use a 3% rate of return. How much more per month would Freda Mai receive if the insurance company would pay her a 5% rate of return on her annuity? A. $13.13 B. $29.37 C. $68.48 D. $71.18 E. $73.01

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