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Business, 24.11.2021 21:30 keidyhernandezm

alue of a retirement annuity. An insurance agentis trying to sell you an immediate-retirement annuity, which for a single amount paidtoday will provide you with $12,000 at the end of each year for the next 25 years. Youcurrently earn 9% on low-risk investments comparable to the retirement annuity. Ignoringtaxes, what is the most you would pay for this annuity

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