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The annuity pays 7300 a year at an annual interest rate of

You are considering an annuity which costs $100,483 today. The annuity pays $7,300 a year at an annual interest rate of 6.0 percent. What is the length of the annuity time period? You are considering an annuity which costs $100,483 today. The annuity pays $7,300 a year at an annual interest rate of 6.0 percent. What is the length of the annuity time period?

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Financial Management: The annuity pays 7300 a year at an annual interest rate of

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Financial Management: The annuity pays 7300 a year at an annual interest rate of

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