Value of a retirement annuity Personal Finance Problem An insurance agent is trying to sell you an immediate-retirement annuity, which for a single amount paid today will provide you with $15,000 at the end of each year for the next 15 years. You currently earn 5% on low-risk investments comparable to the retirement annuity gnoring taxes, what is the most you would pay for this annuity? ignoring taxes, the most you would pay for this annuity is . (Round to the nearest cent.)