Question: 5.4 5.5: Problem 1 Previous Problem Problem List Next Problem (1 point) If you want to be paid from a 14 year ordinary annuity with

5.4 5.5: Problem 1 Previous Problem Problem List Next Problem (1 point) If you want to be paid from a 14 year ordinary annuity with a guaranteed rate of 2.208% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $9,000.00 over the 14 year period? (Note: Your answer should have a dollar sign and be accurate to two decimal places)

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