https://gyazo.com/f8b0b3fa21431d113969d2a393f85894

You want to purchase an annuity that will pay $1,000 a month for fifteen years. If you can negotiate a 4.5% rate of return, how much will you have to pay today in order to purchase this annuity? $123,185 $130,720 $96,489 $185,171 $154,327