Question: I bought an annuity for $1,011,780. It will pay me $10,500 per month for the rest of my life. My expected return multiple is 14.6.

I bought an annuity for $1,011,780. It will pay me $10,500 per month for the rest of my life. My expected return multiple is 14.6. I received the first annuity payment of $10,500 this month, How much ...

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