You decide to invest in a period annuity that offers 4 5 APR

Last updated: 1/29/2024

You decide to invest in a period annuity that offers 4 5 APR compounded monthly for 20 years How much money will you need to invest if your desired yearly income is 42 000 OA 553 229 03 OB 450 000 00 OC 568 793 79 OD 420 000 00