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7 (1.25 points) You have a chance to buy an annuity that pays $25,000 at the beginning of each year for 4.5 years. You could
7 (1.25 points) You have a chance to buy an annuity that pays $25,000 at the beginning of each year for 4.5 years. You could earn 5% on your money in other investments with equal risk. What is the most you should pay for the annuity? $99,033.87 $109,749.42 $114,688.14 $103,490.41 $92,941.30 $88,515.53 $98,562.42 $94,317.97
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