Question: Present Value of an Annuity What is the present value of a $1,700 annuity payment over 7 years if interest rates are 12 percent? $8,444.99

Present Value of an Annuity What is the present value of a $1,700 annuity payment over 7 years if interest rates are 12 percent?

$8,444.99

$3,758.16

$7,758.39

$768.99

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