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You just inherited some money, and a broker offers to sell you an annuity that pays $10,000 at the end of each year for 30

You just inherited some money, and a broker offers to sell you an annuity that pays $10,000 at the end of each year for 30 years. You could earn 4% on your money in other investments with equal risk. What is the most you should pay for the annuity?

$3,083.19

$32,433.98

$560,849.38

$172,920.33

$300,000

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