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You just inherited some money and a broker offers to sell you an annuity that pays 32,450 at the end of each year for 20

You just inherited some money and a broker offers to sell you an annuity that pays 32,450 at the end of each year for 20 years. You could earn 5% on your money in other investments with equal risks. What is the most you should pay for the annuity ?

A) 251,761.57

b. 469,906.55

C. 404,398.73

D.375,851.03

E) 239,835.24

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