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You are considering an annuity which costs $91,500 today. The annuity pays $6,800 a year. The rate of return is 7 percent. What is the
You are considering an annuity which costs $91,500 today. The annuity pays $6,800 a year. The rate of return is 7 percent. What is the length of the annuity time period? (Do not round intermediate calculations.)
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