What Is the PV of an Ordinary Annuity with 10

question 121

Multiple Choice

What is the PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 6.5%?

• A)$16,641.51
• B)$17,517.38
• C)$18,439.35
• D)$19,409.84

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