asked 181k views
3 votes
Sammy has an annuity that pays him $9600 at the beginning of each year. Assume the economy will grow at a rate of 3.1% annually. What is

the value of the annuity if he received it now instead of over a period of 10 years? (2 points)
a $78,044.65
ь $80,651.16
c $81,075.98
d $83,999.29

asked
User Riho
by
7.9k points

1 Answer

7 votes

Answer:

C

Explanation:

answered
User Jedi Schmedi
by
8.4k points
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