You want a real rate of return of 5 and you estimate
You may pay $15,000 for an annuity that pays $2500 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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you may pay 15000 for an annuity that pays 2500 per year for the next 10 years you want a real rate of return of 5 and
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