Multiple Choice
What is the present value today of an ordinary annuity cash flow of $4,000 per year for thirty years at an interest rate of 6.0% per year if the first cash flow is six years from today?
A) $120,000.00
B) $55,059.32
C) $45,138.89
D) $41,143.53
Correct Answer:
Verified
Correct Answer:
Verified
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