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You have a chance to buy an annuity that pays $19.300 at the end of each year for 3 years. You could earn 4.6% on

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You have a chance to buy an annuity that pays $19.300 at the end of each year for 3 years. You could earn 4.6% on your money in other investments with equal risk. What is the most you should pay for the annuity? a. $36,091.05 b. $60,563,40 c. $55,391,05 d. $52,955.12 e. 569,077.55

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