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The Good Life Insurance Co wants to sell you an annuity which will pay you $730 per quarter for 25 years. You want to eam

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The Good Life Insurance Co wants to sell you an annuity which will pay you $730 per quarter for 25 years. You want to eam a minimum rate of return of 5.8 percent. What is the most you are willing to pay as a lump sum today to buy this annuity? $44,072.46 $38.411.83 $39,628.47 $45,359.57 $38,047.43 Check my work

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