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You have a chance to buy an annuity that pays $12,300 at the end of each year for 3 years. You could earn 5.8% on

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You have a chance to buy an annuity that pays $12,300 at the end of each year for 3 years. You could earn 5.8% on your money in other investments with equal risk. What is the most you should pay for the annuity? a. $33,000.09 b. $39,040.20 c. $34.914.09 O d. $22,614.09 e. $42,816.72

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