Business, 04.12.2019 06:31, bob5266

You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. you could earn 5.5% on your money in other investments with equal risk. what is the most you should pay for the annuity?

$5,493.71

$5,782.85

$6,087.21

$6,407.59

$6,744.83

Answers: 1

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You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. you could...