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You just paid $329,000 for an annuity that will pay you and your heirs $12,200 a year forever. What rate of return are you earning

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You just paid $329,000 for an annuity that will pay you and your heirs $12,200 a year forever. What rate of return are you earning on this policy? 3.77 percent 371 percent O 3.86 percent O 405 percent 3.46 percent

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