Question: 5.4 5.5: Problem 10 Previous Problem Problem List Next Problem gs (1 point) If you want to be paid from a 15 year ordinary annuity

 5.4 5.5: Problem 10 Previous Problem Problem List Next Problem gs

5.4 5.5: Problem 10 Previous Problem Problem List Next Problem gs (1 point) If you want to be paid from a 15 year ordinary annuity with a guaranteed rate of 7.049% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $3,000.00 over the 15 year period? its 5 (Note: Your answer should have a dollar sign and be accurate to two decimal places) OS

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