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Larry can invest in an annuity that will pay him $15,000 a year for 17 years beginning the day he signs the contract. If the

Larry can invest in an annuity that will pay him $15,000 a year for 17 years beginning the day he signs the contract. If the annuity has an interest rate of 4.4%, what is the annuity worth to Larry if he signs the contract today?

$173,951 $141,339 $184,737 $255,000

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