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Larry purchased an annuity from an insurance company thatpromises to pay him $1,500 per month for the rest of his life.Larry paid $144,540 for the

Larry purchased an annuity from an insurance company thatpromises to pay him $1,500 per month for the rest of his life.Larry paid $144,540 for the annuity. Larry is in good health and is72 years ol 2 answers

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