hanglossman6011 hanglossman6011

08-03-2024
Mathematics

contestada

Find the present value (PV) of an ordinary annuity that pays $1,000 each of the next 6 years if the interest rate is 14%.
a) $2,500.00
b) $3,000.00
c) $3,500.00
d) $3,888.67

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