23. Your insurance agent is trying to sell you an annuity that costs $165,000 today. By luying agent promises that you will receive payments of $775 a month for the es What ie the s amuity on this investment? A. 4.81 percent B. 4.67 percent C. 4.52 percent D, 4.28 percent next 40 years retarn E. 4.39 percent 24. You are considering a project which will provide cash inflows of $2.100, $4,000, and ss,500 per yeur over the next three years, respectively. What is the present value of these cash fnlows, given a 13 percent discount rate? A. $8,050.00 B. $8,802.77 C. $7.487.78 D. $8,213.09 E. $7,711.42 t provides $65,000 in scholarships each year for needy students. The the did Mrs. Black contribute to trust fund earns a fixed 5.5 percent rate of return annually. How much fund if it is expected to provide scholarships forever? A. $1,181,818.18 B. $61,904.76 C. $41,935.48 D. $1,300,000.00 E. $68,575.00 money