Question: Present Value of an Annuity What is the present value of a $1,100 annuity payment over 5 years if interest rates are 19 percent? Multiple

Present Value of an Annuity What is the present value of a $1,100 annuity payment over 5 years if interest rates are 19 percent? Multiple Choice $1,853.56 $4,065.49 $652.80 $4,653.59

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