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

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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