Lesson 9 Online Homework Close Date: Sat Aug 1, 2020 10:00 PM Question 5 of 6 Sophie purchases a retirement annuity that will pay her $1,500 at the end of every six months for the first nine years and $500 at the end of every month for the next six years. The annuity earns interest at a rate of 5.9% compounded quarterly. . a. What was the purchase price of the annuity? Round to the nearest cent SAVE PROGRESS SUBMIT ASSIGNMENT 303 PM ADO ENG RE O E E hp