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You have a chance to buy an annuity that pays $25,000 at the beginning of each year for 4.5 years. You could earn 5% on
You have a chance to buy an annuity that pays $25,000 at the beginning of each year for 4.5 years. You could earn 5% on your money in other investments with equal risk. What is the most you should pay for the annuity? A.)$88,515.53
B.)$94,317.97
C.)$99,033.87
D.)$109,749.42
E.)$92,941.30
F.)$103,490.41
G.)$114,688.14
H.)$98,562.42
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