Question: Question 21 (4 points) An annuity is set up that will pay $1,500 per year for six years. What is the present value (PV) of
Question 21 (4 points) An annuity is set up that will pay $1,500 per year for six years. What is the present value (PV) of this annuity given that the discount rate is 9%? $894.40 $16,666.67 $887.85 $6,728.88
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