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If you purchase a 20-year annuity for $100,000, and if it is fairly priced and if the payments are based on 5% per year, how
If you purchase a 20-year annuity for $100,000, and if it is fairly priced and if the payments are based on 5% per year, how much will the annuity pay you per year for each of the next 20 years?
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