Question: Note: Do not round intermediate calculations. Round your answer to nearest whole dollar amount. The present value of $1:n=5,i=12% is 0.56743 . The present value

Note: Do not round intermediate calculations. Round your answer to nearest

Note: Do not round intermediate calculations. Round your answer to nearest whole dollar amount. The present value of $1:n=5,i=12% is 0.56743 . The present value of an ordinary annuity of $1:n=5,i=12% is 3.60478 . The present value of an annuity due of $1:n=5,i=12% is 4.03735 . Multiple Choice $109,575 $97,835 $106,605 $122,060 Note: Do not round intermediate calculations. Round your answer to nearest whole dollar amount. The present value of $1:n=5,i=12% is 0.56743 . The present value of an ordinary annuity of $1:n=5,i=12% is 3.60478 . The present value of an annuity due of $1:n=5,i=12% is 4.03735 . Multiple Choice $109,575 $97,835 $106,605 $122,060

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