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Question 14 a pts Your uncle is about to retire, and he wants to buy an annuity that will provide him with $55.000 of income

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Question 14 a pts Your uncle is about to retire, and he wants to buy an annuity that will provide him with $55.000 of income a year for 10 years, with the fast payment coming immediately. The poing rate on such annuities is 6.25% How much would it cost him to buy the annuity today? (Your knowledge learned so far is capable of guiding you to solve this question O A 5 425,835 OB. $425,056 OC $ 432.224 OD 5 419,374 O E $500.268 MacBook Pro 5 6 7

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