Multiple Choice
A 10-year ordinary annuity that provides a return of 7% has a present value of $15,000.What are the annual annuity payments?
A) $2,135.66
B) $2,038.02
C) $2,235.44
D) $1,500.00
E) $2,232.84
Correct Answer:
Verified
Correct Answer:
Verified
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