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Your grandmother bought an annuly from Great-West Life insurance Company for $256,654 when she retired. in exchange for the 57556,654 , Gruat. Wost will pay

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Your grandmother bought an annuly from Great-West Life insurance Company for $256,654 when she retired. in exchange for the 57556,654 , Gruat. Wost will pay her $35,000 pecjear until ahe des. The interest rate is 3%. How long must she live aser the day she retrod to come out ahead (that is, to got more in value then what she psy in)? She must live at lesst years. (Round up to the nearest whole year.)

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