Try this site where you can compare quotes from different companies: WWW.ANNUITY-HELP.US Annuity Investment Question? I'm kind of lost. It seems like the question does not give enough info to solve. You have a chance to buy an annuity that pays $1,000 at the beginning of each year for 5 years. You could earn 6% on your money in other investments with equal risk. What is the most you should pay for the annuity? a. $3,324.89 b. $5,011.87 c. $2,591.45 d. $4,465.11 e. $2,854.13

1. Annuity Investment Question?
I'm kind of lost. It seems like the question does not give enough info to solve.
. You have a chance to buy an annuity that pays $1,000 at the beginning of
each year for 5 years. You could earn 6% on your money in other investments with
equal risk. What is the most you should pay for the annuity? a. $3,324.89
b. $5,011.87 c. $2,591.45 d. $4,465.11 e. $2,854.13
BEST ANSWER
Try this site where you can compare quotes from different companies:
WWW.ANNUITY-HELP.US