6. An insurance company offers you an end of year annuity of $21212 per year for the next 20 years. They claim your retu
Posted: Sun Jul 03, 2022 6:43 am
company offers you an end of year annuity of $21212 per year for the next 20 years. They claim your return on the annuity is 7 percent. What should you be willing to pay today for this annuity? PMT V FV RATE NPER
6. An insurance