| e. 12.12 2. Your friend offers to pay you an annuity of $2,000 at the end of each year for 3 years in return for cash today. You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity? Select the correct answer. | | | | | e. $5,377.87 3. A new investment opportunity for you is an annuity that pays $3,950 at the beginning 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? Select the correct answer. | | | | 4. Suppose you earned a $565,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years? Select the correct answer. | | | | | e. $58,629.82 5. What's the present value of $5,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. | | | | | |