He could earn 45 on his money in other investments with
Your father is considering purchasing an annuity that pays $5,000 at the beginning of each year for 5 years. He could earn 4.5% on his money in other investments with equal risk. What is the most he should pay for the annuity?
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your father is considering purchasing an annuity that pays 5000 at thenbspbeginningnbspof each year for 5 years he
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