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If Nicki could earn 11% on her money by plaicng it in a savings account, should she place it instead in any of the annuitites?
If Nicki could earn 11% on her money by plaicng it in a savings account, should she place it instead in any of the annuitites?
What rate of return could Nicki earn on her money if she places it in annuity A with $7500 payment per year and 25 years duration?
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