Is the PV of an Ordinary Annuity with 5 Payments

question 41

Multiple Choice

is the PV of an ordinary annuity with 5 payments of $4,700 if the appropriate interest rate is 4.5%?

• A)$16,806
• B)$17,690
• C)$18,621
• D)$19,601
• E)$20,633

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Definitions:

Neurotransmitters

Chemicals that transmit signals across a synapse from one neuron to another ‘target’ neuron, muscle cell, or gland cell.

Nerve Endings

Specialized structures at the end of nerves that are sensitive to various stimuli, enabling sensations.

Introitus

The entrance to the vagina, bounded by the labia minora.

Fallopian Tubes

A pair of tubes along which eggs travel from the ovaries to the uterus.