You were offered an annuity that pays $12,000 at the end of each year for 20 years. You may earn 5% on your money in oth
Posted: Fri Jul 01, 2022 7:43 am
You were offered an annuity that pays $12,000 at the end of eachyear for 20 years. You may earn 5% on your money in otherinvestments with equal risk. What is the most you should pay forthe annuity?
Group of answer choices
$157,023.85
$155,528.39
$149,546.52
$134,591.87
$124,123.62
Group of answer choices
$157,023.85
$155,528.39
$149,546.52
$134,591.87
$124,123.62