You have a chance to buy an annuity that pays $5,000 at the beginning of each year for 5 years. You could earn 4.5% on your money in other investments with equal risk. What is the most you should pay for the annuity?
Answers
Answered by
25
Answer:
22938 (approx) ......
Similar questions
English,
6 months ago
Math,
6 months ago
English,
6 months ago
Math,
11 months ago
CBSE BOARD X,
1 year ago