Question
An insurance agent is trying to sell you an annuity, that provide you 55,900 at the end of each year for the 35 years. If
An insurance agent is trying to sell you an annuity, that provide you 55,900 at the end of each year for the 35 years. If you don't purchase this annuity, you can invest your money and earn a return of 6%. What is the most you would pay for this annuity right now?
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
