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Yet to retire, and he wants to buy an annuity that will provide him with $53,000 of me year for 20 years, with the first

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Yet to retire, and he wants to buy an annuity that will provide him with $53,000 of me year for 20 years, with the first payment coming immediately. The going rate on such 25. How much would it cost him to buy the annuity today? OSS 149.79 5775.95435 O $680,670.48 O $769,157.64 O $714,704.01

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