Ordinary annuity

by | Sep 4, 2021 | Assignment

What’s the present value of a 4-year ordinary annuity of $4,000 per year plus an additional $2,000 at the end of Year 4 if the interest rate is 3%?a.  $16,645.37b.  $17,225.22c.  $18,000.00d.  $18,750.00e.  $19,350.75

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