Question: previous question is.. A 60 year old considers an annuity that will provide 50,000 per year for 20 years. She is willing to wait until

previous question is.. A 60 year old considers an annuity that will provide 50,000 per year for 20 years. She is willing to wait until 7 years later to receive the first payment. Assume the interest rate is 3.75%. WHAT IS THE price of the deffered annuity at the year 6, one year before the annuity begins.

Question 2 Continued with previous question. What should be the fair price of the deferred annuity today? Incorrect 0.00 points out of 35.00 Select one: Flag question a. $557,105.65 b. $566,302.86 c. $562,033.53 X d. $540,385.21

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