Suppose you were offered an annuity that will provide you with $73,000 of income a year for 25 years, with the first pay

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answerhappygod
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Suppose you were offered an annuity that will provide you with $73,000 of income a year for 25 years, with the first pay

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Suppose you were offered an annuity that will provide you with$73,000 of income a year for 25 years, with the first paymentcoming immediately. A a discount rate of 5.15%. How much wouldit cost you to buy the annuity today?
Group of answer choices
$809,981.58
$1,268,260.64
$1,097,738.20
$1,182,999.42
$1,065,765.24
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