Alice wants to know how much she'll have to invest today to receive an annuity of $10,000 for six years if interest is earned at 7% annually. she'll make all of her withdrawals at the end of each year. how much should she invest? a. $45,000 b. $47,665 c. $58,333 d. $55,800

Alice wants to know how much she'll invest today to receive an annuity of $10,000 for six years if interest is earned at 7% annually.

We will use Annuity Payment formula, which states:

where P is the payment,

PV is the present value,

r= rate per period,

n=number of periods.

According to the question,

P = $10,000

r=7%

n=6

We have to find the present value,

Substituting the values in the given formula,

PV= $ 47,665.

So, Alice wants to invest $47,665 today to receive an annuity of $10,000 for six years if interest is earned at 7% annually.

10/60

step-by-step explanation:

if you divide 10 by 60 the answer is 0.166666 while if you divide or solve the other problems it equals 0.6

x² + 3x + 7 = 0       [ax² + bx + c]

a = 1

b = 3

c = 7

quadratic formula:

    (+/- is this ±)

plug in the numbers into the variables

your answer is a