You just paid $570,000 for an annuity that will pay you and your heirs $14,000...
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Finance
You just paid $570,000 for an annuity that will pay you and your heirs $14,000 a year forever. What rate of return are you earning on this policy?
(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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