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Question 2: (10 Marks) What is an annuity? Is an annuity worth more or less than a lump sum payment received now that would be

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Question 2: (10 Marks) What is an annuity? Is an annuity worth more or less than a lump sum payment received now that would be equal to the sum of all the future amuity payments? Explain with valid argumentsumeric. (Maximum two pages)

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