Regions Clip Hospital, Corp. specializes in providing patients with novel therapeutic treatments for cancer. They've made some investment related decisions over the past couple of years, including the purchase of an annuities and capital infrastructure. One such 3 year annuity pays $125,000.00 per year and has a return of 22.45%. What is the present value of this investment?

Note: Please round to the nearest cents and use proper notation, e.g. "$4,233.17".

Answer rating: 100% (QA)

To calculate the present value of the annuity we can use the ... View the full answer