WUPASS
Aug 4, 2012, 06:23 AM
You have a chance to buy an annuity that pays $1,000 at the end of each year for 5 years. You could earn 6% on your money in other investments with equal risk. What is the most you should pay for the annuity?
View Full Version : You have a chance to buy an annuity that pays $1,000 at the end of each year for 5 ye