What Is the PV of an Ordinary Annuity with 5

question 89

Multiple Choice

What 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:

Monophyletic Clade

A group of organisms that includes an ancestor and all of its descendants, representing a single branch on the tree of life.

SIV Strain

A specific variant of the Simian Immunodeficiency Virus, which is a non-human primate virus closely related to the Human Immunodeficiency Virus (HIV).

Gene Trees

Diagrams that show the inferred evolutionary relationships among various genes derived from different species.