Business, 17.07.2019 21:30 witchhunt666

Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $50,000 per year for 30 years, beginning a year from today. the going rate on such annuities is 7.25%. how much would it cost her to buy such an annuity today? a. $574,924b. $605,183c. $635,442d. $667,214e. $700,575

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