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an uncle of yours who is about to retire wants to sell some of his stock and buy an annuity that will provide him with
an uncle of yours who is about to retire wants to sell some of his stock and buy an annuity that will provide him with an income of $25,000 every six months for 25 years, beginning today. The going rate on such annuities is 4.25%. How much would it cost him to buy such an annuity today?
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The Complete Direct Investing Handbook
Authors: Kirby Rosplock
1st Edition
1119094712, 978-1119094715
