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Identifying Annuities Determine whether or not each of the following situations describes an annuity. Fifteen years ago, Ken quit smoking, and instead of spending $
Identifying Annuities
Determine whether or not each of the following situations describes an annuity.
Fifteen years ago, Ken quit smoking, and instead of spending $ a week on
cigarettes he put that money into a special savings account each week.
True
False
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