You just inherited some money, and a broker offers to sell you an annuity that...
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You just inherited some money, and a broker offers to sell you an annuity that pays $ at the end of each year for years. You could carn on your money in other investments with equal risk. What is the most you should pay for the annuity? O a $ b $ c $ d $ e $
You just inherited some money, and a broker offers to sell you an annuity that pays $ at the end of each year for years. You could carn on your money in other investments with equal risk. What is the most you should pay for the annuity?
O a $
b $
c $
d $
e $
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