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Finance help Your friend offers to pay you an annuity of $4,600 at the end of each year for 3 years in return for cash

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Your friend offers to pay you an annuity of $4,600 at the end of each year for 3 years in return for cash today. You could earn 5-5% on your money in other investments with equal risk. What is the most you should pay for the annuity? Select the correct answer. O a. $12,410.49 b. $12,400.29 c. $12,405.39 d. $12,415.59 O e. $12,395.19

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