Question: An annuity is set up that will pay $ 1 comma 9 0 0 $ 1 , 9 0 0 per year for ninenine years.

An annuity is set up that will pay
$ 1 comma 900$1,900
per year for
ninenine
years. What is the present value(PV) of this annuity given that the discount rate is
77%?
Question content area bottom
Part 1
A.$ 7 comma 427
$ 7 comma 427$7,427
B.$ 12 comma 379
$ 12 comma 379$12,379
C.$ 17 comma 331
$ 17 comma 331$17,331
D.$ 14 comma 855
$ 14 comma 855

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