Question: 17 An annuity due (AD) is set up that will pay $1500 per year for ten years. What is the present value (PV) of this

17 An annuity due (AD) is set up that will pay $1500

An annuity due (AD) is set up that will pay $1500 per year for ten years. What is the present value (PV) of this annuity given that the discount rate is 6%? O A $8,441 OB. $11,040 O c. $14,721 OD. $11,703

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