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Find the Present Value of the Ordinary Annuity

Question 125

Multiple Choice

Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually


A) P = $ Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually A)  P = $   B)  P = $   C)  P = $   D)  P = $   E)  P = $
B) P = $ Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually A)  P = $   B)  P = $   C)  P = $   D)  P = $   E)  P = $
C) P = $ Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually A)  P = $   B)  P = $   C)  P = $   D)  P = $   E)  P = $
D) P = $ Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually A)  P = $   B)  P = $   C)  P = $   D)  P = $   E)  P = $
E) P = $ Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually A)  P = $   B)  P = $   C)  P = $   D)  P = $   E)  P = $

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