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14-20 You may pay $15,000 for an annuity that pays $2,500 per year for the next...

14-20

You may pay $15,000 for an annuity that pays $2,500 per year for the next 10 years. You want a real rate of return of 5%, and you estimate inflation will average 6% per year. Should you buy the annuity?

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