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Last year, Vladimir purchased a 10-year $200,000 variable annuity that based its rate of return on the performance of a segregated fund. The insurance company

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Last year, Vladimir purchased a 10-year $200,000 variable annuity that based its rate of return on the performance of a segregated fund. The insurance company had estimated that the fund would earn a return of 6% in the first year. However, the fund only earned 4.75%. What amount can Vladimir expect to receive at the end of each month from the variable annuity during the first year? a) $791.67 Ob) $2,088.68 OC) $2,096.95 d) $2,220.41

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