American General offers a 16-year annuity with a guaranteed rate of 6.07% compounded annually. How much should you pay for one of these annuities if you want to receive payments of $2000 annually over the 16 year period? How much should a customer pay for this annuity? (Round to the nearest cent.)

True i took the test already

Answerunreasonable;

What is the question if you tell me i can answer in the comments 

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