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Find the Present Value of the Ordinary Annuity $74\$ 74 Made Quarterly for 10 Years At

Question 56

Multiple Choice

Find the present value of the ordinary annuity.
-Payments of $74\$ 74 made quarterly for 10 years at 5.7%5.7 \% compounded quarterly


A) $2244.38\$ 2244.38
B) $2259.63\$ 2259.63
C) $2279.94\$ 2279.94
D) $2286.79\$ 2286.79

Correct Answer:

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