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You are considering an annuity which costs $88,500 today. The annuity pays $5,000 a year. The rate of return is 5 percent. What is the

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You are considering an annuity which costs $88,500 today. The annuity pays $5,000 a year. The rate of return is 5 percent. What is the length of the annuity time period? (Do not round intermediate calculations.) Multiple Choice 44.33 years 22.16 years o 17.70 years 75.61 years O O O 9.13 years

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