View Shore Excursions Product X 2 HOMEWORK ASSIGNMENT: Ch X MindTap - Cengage Learning X Course Hero Sacred Econ Knowledge.pdf X + C ng.cengage.com/staticb/ui/evo/index.html? deploymentld=6035142366045380380121683658&elSBN=9780357515297&id=1784513688&snapshotld=... Update : canvas PQ Human Resources... In-Store Coupons Brandon CENGAGE | MINDTAP Q Search this course ? Assignment: Chapter 04 Time Value of Money X My Home Back to Assignment Courses Attempts Average / 2 Catalog and Study Tools A-Z 6. Present value of annuities Rental Options You got into a car accident and settled out of court for equal payments of $3,500 at the end of each year for the next five years. College Success Tips Career Success Tips If the annual interest rate stays constant at 9%, what is the value of these payments in today's dollars? (Note: Round your answer to the nearest whole dollar. ? Help $11,572 Give Feedback O $17,018 O $13,614 O $14,839 You found out that now you are going to receive payments of $7,000 for the next 15 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 11%. O What is the present value of these payments? (Note: Round your answer to the nearest whole dollar.) O $50,336 O $55,873 O $75,429 O $44,698