Your uncle is about to retire, and he wants to buy an annuity that will provide him with $78,000 of income a year for 20 years, with the first payntent coning. immediately. The going rate on such annuities is 5.80%. How much would it cost him to buy the annuity today? a. $962,105.62 b. $935,383.74 c. 5987,362.59 d. $933,234,96 e. $909,362.59