Question: Attempts Score/1 4. Chapter MC, Section .04, Problem 081.Algo Your friend offers to pay you an annulty of $2,900 at the end of each year

Attempts Score/1 4. Chapter MC, Section .04, Problem 081.Algo Your friend offers to pay you an annulty of $2,900 at the end of each year for 3 years in return for cash today. You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity? Select the correct answer. Oa. $7,832.81 Ob. $7,824.01 Oc. $7,837.21 Od. $7,828.41 Oe. $7,841.61

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