Multiple Choice
What is the PV of an annuity due with 5 payments of $7,900 at an interest rate of 5.5%?
A) $41,285.20
B) $40,573.38
C) $35,590.69
D) $43,776.54
E) $41,997.01
Correct Answer:
Verified
Correct Answer:
Verified
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