What is the present value of an ordinary annuity paying $1.450 each year for 15 years, with an interest rate of 5.5per...
What is the present value of an ordinary annuity paying $1.450 each year for 15 years, with an interest rate of 5.5percent compounded annually? (Round to the nearest dollar.)
A.$16. 71816,718
B.$14 .55414,554
C.$19. 42919,429
D.$13. 838
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What is the present value of an ordinary annuity paying $1.450 each year for 15 years, with an interest rate of 5.5per...
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