Multiple Choice
The present value of an annuity of $11 000,received at the end of every year for ten years,where the required rate of return is 5.6% per annum,compounded annually,is:
A) $6379.01
B) $7051.28
C) $8251.76
D) $82 517.62
Correct Answer:
Verified
Correct Answer:
Verified
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