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Anya Finally Decides That She Will Give Her Cousin,Zen,the Loan

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Anya finally decides that she will give her cousin,Zen,the loan he requested.He is expected to pay Anya $12,500 each year for the next 5 years,starting at the end of this year.The loan interest rate at the bank is 5% but because he is family,she will only charge him half of this interest rate.What is the current value of this loan,today?
Anya finally decides that she will give her cousin,Zen,the loan he requested.He is expected to pay Anya $12,500 each year for the next 5 years,starting at the end of this year.The loan interest rate at the bank is 5% but because he is family,she will only charge him half of this interest rate.What is the current value of this loan,today? B)$500,000 C)$62,500 D)$54,118.46 E)$55,240.89 B)$500,000 C)$62,500 D)$54,118.46 E)$55,240.89

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