Homework answers / question archive / Value of a retirement annuity Penkorrel Finance Problem An Insurance agent is trying to sell you an annuity, that wil provide you with $14,600 at the and of each year for the next 35 years, If you don't purchase this annuity, you can invest your motley and earn a return of VA

Value of a retirement annuity Penkorrel Finance Problem An Insurance agent is trying to sell you an annuity, that wil provide you with $14,600 at the and of each year for the next 35 years, If you don't purchase this annuity, you can invest your motley and earn a return of VA

Finance

Share With

Value of a retirement annuity Penkorrel Finance Problem An Insurance agent is trying to sell you an annuity, that wil provide you with $14,600 at the and of each year for the next 35 years, If you don't purchase this annuity, you can invest your motley and earn a return of VA. What is the most you would pay for this annuity right now? Ignoring taxes, the most you would pay for this annuity is $1], {Round to the nearest cent.)