Problem
You may pay $15,000 for an annuity that pays $2500 per year for the next 10 years. You want a real rate of return of 5%, and you estimate inflation will average 6% per year. Should you buy the annuity?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.