Question: What minimum initial amount will sustain a 25-year annuity paying $1,000 at the end of each year if the initial amount can be invested to

What minimum initial amount will sustain a 25-year annuity paying $1,000 at the end of each year if the initial amount can be invested to earn:

A. 6% Compounded annually B. 6% Compounded semiannually C. 6% Compounded quarterly D. 6% Compounded quarterly

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