Hazel Nelson is considering an investment in an annuity earning £1,200 income per year for a period of ten years. The cost of this annuity investment today is £6,800. Assuming that Hazel can invest in a similar risk investment at 12% per annum over the same time period, should she invest in the annuity?

Answer rating: 100% (QA)

Whether or not Hazel should invest in the annuity depends on her financial goals and risk tolerance ... View the full answer