Question: Sandy Chen borrows money at 8% compounded quarterly for her college tuition fee. She agrees to repay the note with a payment of $2,000 per

Sandy Chen borrows money at 8% compounded quarterly for her college tuition fee. She agrees to repay the note with a payment of $2,000 per quarter for 5 years. What is this annuity worth today? O $9,950.19 O $32,702.87 O $48,594.74 O $9,803.07

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