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A. $184068.05 B. $225483.37 C. $206156.22 D. $128847.64 E. $ 193271.46 Problem 1. (10 points) Find the present value on Mach 1 of an annuity

A. \$184068.05 B. \$225483.37 C. $206156.22 D. $128847.64 E. \$ 193271.46

Problem 1. (10 points) Find the present value on Mach 1 of an annuity which pays $4500 every two months for 6 years. The first payment is due on the coming April 1 and the rate of interest is 8% convertible once every two months. A. $ 184068.05 o B. $ 225483.37 o c. $ 206156.22 o O D. $ 128847.64 E. $ 193271.46 o

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