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American General offers a 14-year annuity with a guaranteed rate of 734% compounded annually. How much should you pay for one of these annuites you

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American General offers a 14-year annuity with a guaranteed rate of 734% compounded annually. How much should you pay for one of these annuites you want to receive payments of S1900 annually over the 14 year period? How much should a customer pay for this annuity? (Round to the nearest cent) American General offers a 14-year annuity with a guaranteed rate of 7.34% compounded annually. year period? How much should a customer pay for this annuity? (Round to the nearest cent.) How much should you pay for one of these annuities if you want to receive payments of $1900 annually over the 14

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