Question: Question Consider an annuity-immediate with block payments: $3 for the first 4 years, $10 for the next 9 years, and $9 for the next 17

Question Consider an annuity-immediate with block payments: $3 for the first

Question Consider an annuity-immediate with block payments: $3 for the first 4 years, $10 for the next 9 years, and $9 for the next 17 years. Which one of the statements below doesn't give the PV of this annuity?(i = 3%) Possible Answers A 397 +10aqu4 +9977|| v13 B 397 +10(273] - 97) + 9(a 30 473) C $161.02 D 9a 30+013] - 77 E 9a 30. + 10013] 307

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