Question: Answer is B. How do I get that? (11) Mr. Smith will receive a six-year annuity of ( $ 500 ) per year, beginning at

Answer is B. How do I get that? (11) Mr. Smith will receive a six-year annuity of $ \$ 500 $ per year, beginning at date 5 (that is 5 years from today). If the interest rate is 10 percent, what is the present value of this annuity 2 answers

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