2. An annuity pays $11.00 per year for 83 years. What is the present value (PV) of this annuity given that the discount rate is 9% ? O A. $170.98 O B. $146.56 . $73.28 O D. $122.13 ID: 4.3-3 3. Which of the following best describes why the Valuation Principle is a key concept in making financial decisions? O A. It allows fixed assets and liquid assets to be valued correctly O B. It shows how to make the costs and benefits of a decision comparable so that we can weigh them properly. O C. It gives a good indication of the net worth of a person, item, or company and can be used to O D. ID: 1.1-3 estimate any changes in that net worth. It shows how to assign monetary value to intangibles such as good health and well- being