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Find the Present Value of the Ordinary Annuity $45,000\$ 45,000 Made Semiannually for 12 Years At

Question 4

Multiple Choice

Find the present value of the ordinary annuity.
-Payments of $45,000\$ 45,000 made semiannually for 12 years at 4.2%4.2 \% compounded semiannually


A) $834,318.00\$ 834,318.00
B) $841,563.18\$ 841,563.18
C) $845,253.00\$ 845,253.00
D) $758,848.50\$ 758,848.50

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