Aaron has an annuity that pays him $9200 at the beginning of each year. Assume the economy will grow at a rate of 3.2% annually. What is the value of the annuity if he received it now instead of over a period of 10 years?

$80,168.75

$77,682.00

$106,444.30

$109,850.52

Question

Aaron has an annuity that pays him $9200 at the beginning of each year. Assume the economy will grow at a rate of 3.2% annually. What is the value of the annuity if he received it now instead of over a period of 10 years?

 $80,168.75

 $77,682.00

 $106,444.30

 $109,850.52

anonymous · Answer

can someone show me how to do this

anonymous · Answer

please?