HW20: Problem 3 Previous Problem Problem List Next Problem (1 point) If you want to be paid from a 12 year ordinary annuity with a guaranteed rate of 5.048% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $5,000.00 over the 12 year period? (Note: Your answer should have a dollar sign and be accurate to two decimal places) Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining. Email instructor Page generated at 08/04/2020 at 03:34pm EDT WebWork 1996-2018| theme: math4 ww_version: WebWork-2.14 pg_version PG-2.14 The WebWork Project