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What is the PV of an annuity due with 5 payments of $3,300 at an interest rate of 5.5%? a. $13,677.64 b. $15,164.34 c. $14,867.00 d. $13,231.63 e. $14,420.99

What is the PV of an annuity due with 5 payments of $3,300 at an interest rate of 5.5%? a. $13,677.64 b. $15,164.34 c. $14,867.00 d. $13,231.63 e. $14,420.99
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4 votes
What is the PV of an annuity due with 5 payments of $3,300 at an interest rate of 5.5%?

a. $13,677.64
b. $15,164.34
c. $14,867.00
d. $13,231.63
e. $14,420.99

asked
User BernhardWebstudio
by
8.2k points

1 Answer

7 votes
I think it’s b.$15,164.34
answered
User Wridgers
by
7.9k points
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