Question: What is the present value, when interest rates are 11.2% of a $1,765.00 payment made every year forever (assume annual compounding)? (Possible answers below) $8,794.91

What is the present value, when interest rates are 11.2% of a $1,765.00 payment made every year forever (assume annual compounding)?

(Possible answers below)

"$8,794.91 "

"$15,758.93 "

"$1,962.68 "

"$17,523.93 "

"$14,171.70 "

"$1,765.00 "

"$1,587.23 "

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