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You are offered an annuity of $12,000 a year for 15 years. The annuity payments start after 5 years have elapsed. If the annuity cost
You are offered an annuity of $12,000 a year for 15 years. The annuity payments start after 5 years have elapsed. If the annuity cost $75,000, is the annuity a good purchase if you can earn 9 percent on invested funds. Note show your math
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