Multiple Choice
What is the PV of an annuity due with 5 payments of $2,900 at an interest rate of 5.5%?
A) $14,502.08
B) $12,934.29
C) $13,064.94
D) $10,451.95
E) $11,758.44
Correct Answer:
Verified
Correct Answer:
Verified
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