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You are considering an annuity which costs $97,267 today. The annuity pays $6,100 a year. The rate of return is 4 percent. What is the

You are considering an annuity which costs $97,267 today. The annuity pays $6,100 a year. The rate of return is 4 percent. What is the length of the annuity time period? (Do not round intermediate calculations.) 7.62 years 25.89 years 15.95 years 2.87 years 12.95 years

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