QUESTION 3\ A growing 7-year annuity just paid

$2,600

and is expected to grow at

4.30%

per year. How much will you be willing to pay for this annuity today if you require

13%

per year rate of return on it?\

$12,828.35\ $17,182.10\ $13,379.97\ $11,498.79

A growing 7 -year annuity just paid $2,600 and is expected to grow at 4.30% per year. How much will you be willing to pay for this annuity today if you require 13% per year rate of return on it? $12,828.35 $17,182.10 $13,379.97 $11,498.79