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you are considering the purchase of two different insurance annuities. annuity A will pay $10000 each year for eight years. annuity B will pay $8000

you are considering the purchase of two different insurance annuities. annuity A will pay $10000 each year for eight years. annuity B will pay $8000 per year for 12 years. assuming your money is worth 10% and that each cost the same to purchase today, which annuity would you prefer?

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