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Which annuities give maximum benefit and hence preferable

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Problem 1: If interest rate is 10% per year, which one of the following annuities give maximum benefit and hence preferable?

(A) Annuity of $ 100 for 10 years

(B) Annuity of $ 50 for 15 years

(C) Annuity of $ 65 for 20 years

(D) Annuity of $ 180 for 5 years

Reference no: EM132558310

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