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Linda has been offered an annuity for $40,000 that will pay her $2,000 a year until she dies. She is currently 35 years old. She
Linda has been offered an annuity for $40,000 that will pay her $2,000 a year until she dies. She is currently 35 years old. She wants to earn at least 6% on any investment. Would Linda be interested in buying the annuity? Yes, she would earn 6% on the annuity. No, she would earn 5% on the inestment Yes, she would earn 5% on the investment. No, she would earn more than 6% on the investment
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