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An annuity is a financial contract that provides a series of payments to the investor over a period of time. The amount paid per month varies based on factors such as the principal amount invested, interest rate, and the duration of the payments. For example, a $100,000 annuity can pay a different monthly amount than a $50,000 annuity, depending on these factors. Real numbers can reveal how much you can earn from an annuity investment.

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