Multiple Choice
What is the PV of an annuity due with 5 payments of $2, 500 at an interest rate of 5.5%?
A) $11, 262.88
B) $11, 826.02
C) $12, 417.32
D) $13, 038.19
E) $13, 690.10
Correct Answer:
Verified
Correct Answer:
Verified
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