Question: 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

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. $11,703 OB. $11,040 OC. $8.441 OD $14,721

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