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You have a chance to buy an annuity that pays $15,000 at the beginning of each year for 5 years. You could earn 3.8% on

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You have a chance to buy an annuity that pays $15,000 at the beginning of each year for 5 years. You could earn 3.8% on your money in other investments with equal risk. What is the most you should pay for the annuity? a. $69,706.05 O b. $67,154.19 c. $79,146.62 d. $82,154.19 e. $56,784.88

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