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You have a chance to buy an annuity that pays $13,700 at the end of each year for 3 years. You could earn 5.5% on

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You have a chance to buy an annuity that pays $13,700 at the end of each year for 3 years. You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity? $43,614.79 $31,417.43 $39,918.62 $39,549.01 $36,961.69

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