Queenbee1327 Queenbee1327
  • 24-05-2023
  • Business
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An annuity that pays $12,500 a year at an annual interest rate of 5.45 percent costs $150,000 today. What is the length of the annuity time period? A.25 years
B.15 years
C.18 years
D.22 years
E.20 years

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