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Maid Marion purchased a deferred annuity, invested in segregated funds, on May 12, 2010. She deposited $200 to the plan each month for 10 years.

Maid Marion purchased a deferred annuity, invested in segregated funds, on May 12, 2010. She deposited $200 to the plan each month for 10 years. If the contract has a deposit-based maturity guarantee, how much of Maid Marions deposits would be covered by the guarantee on May 12, 2020?

$0

$200

$24,000

$1,600

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