Your uncle has said that if you agree to finish college he will give you equal...

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Your uncle has said that if you agree to finish college he will give you equal payments of $3,000 at the end of each year for the next ten years. If the annual interest rate stays constant at 5%, what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar. O $23,165 O $24,323 O $28,956 O s19,690 You found out that now you are going to receive payments of $7,000 for the next 11 years. You will recelve these payments at the beginning of each year. The annual interest rate will remain constant at 12%. What is the present value of these payments? Round your answer to the nearest whole dollar. O $46,552 O 162,045 O s37,242 O $41,564 Your uncle has said that if you agree to finish college he will give you equal payments of $3,000 at the end of each year for the next ten years. If the annual interest rate stays constant at 5%, what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar. O $23,165 O $24,323 O $28,956 O s19,690 You found out that now you are going to receive payments of $7,000 for the next 11 years. You will recelve these payments at the beginning of each year. The annual interest rate will remain constant at 12%. What is the present value of these payments? Round your answer to the nearest whole dollar. O $46,552 O 162,045 O s37,242 O $41,564

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Amount Receivable end of each year Ordinary annuit... View the full answer