Charlie Stone wants to retire in 24 years, and he wants to have an annuity of $3000 a year for 17 years after retirement Charlie wants to receive the first annuity payment at the end of the 24th year. Using an interest rate of 16%, how much must Charlie invest today in order to have his retirement annuity? Multiple Choice $489.44 $624.53 $567.75 $539.36