Which annuity has the greater value today

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Question: You're considering 2 annuities, both of which pay a total of $20,000 over the life of the annuity. Annuity A pays $2,000 at the end of each year for the next 10 years. Annuity B pays $1,000 at the end of each year for the next 20 years. Which annuity has the greater value today? Is there any circumstance where the 2 annuities would have a equal values as of today? Explain.

Reference no: EM131509265

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