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You are considering an annuity which costs exist160,000 today. The annuity pays exist18,126 a year at an annual interest rate of 7.50 percent. What is

You are considering an annuity which costs exist160,000 today. The annuity pays exist18,126 a year at an annual interest rate of 7.50 percent. What is length of the annuity time period? 12 years 13 years 14 years 15 years 16 years

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