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Mathematics, 28.08.2021 03:20 Cocco
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
$5782.85
$2129.03
$6,087.21
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Answers: 2
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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...
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