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You just paid $480,000 for an annuity that will pay you and your heirs $15,000 a year forever. What rate of return are you earning

You just paid $480,000 for an annuity that will pay you and your heirs $15,000 a year forever. What rate of return are you earning on this policy? 3.650% 3.100% 2.875% 3.125% 4255%

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