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you just inherited some money and a broker offers to sell you an annuity that pays 32,450 at the end of each year for 20
you just inherited some money and a broker offers to sell you an annuity that pays 32,450 at the end of each year for 20 years. you could earn 5% on your money in other investments eith equal risk. what is the most you should pay for the annuity
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