ou may pay $15,000 for an annuity that pays $2500 per year for the next 10 year. You want a real rate of return of 5%, and you estimate inflation will average 6% per year what is the annual cost to own this annuity
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “ou may pay $15,000 for an annuity that pays $2500 per year for the next 10 year. You want a real rate of return of 5%, and you estimate ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » ou may pay $15,000 for an annuity that pays $2500 per year for the next 10 year. You want a real rate of return of 5%, and you estimate inflation will average 6% per year what is the annual cost to own this annuity