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6.2 math of interest. please solve correctly Xenia has a 16 year annuity immediate making annual payments that grow geometrically at the rate 8.000%. The

6.2 math of interest. please solve correctly

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Xenia has a 16 year annuity immediate making annual payments that grow geometrically at the rate 8.000%. The first payment is $4500.00 and the interest rate is i(4)=9.250%$. What is the present value of her annuity? a. Q=$62,619.36 b. Q=$63,210.11 C. Q=$64,982.36 d. Q=$59,665.62 e. Q=$59,074.87 Certainty?: C=1 (Unsure: C=2 (Mid: >67% ) C=3 (Quite sure: >80% )

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