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A 3-year annuity pays $20,000 a year semi-annually and $200,000 at the end of the 3 years. What is the Present Value of this annuity,
A 3-year annuity pays $20,000 a year semi-annually and $200,000 at the end of the 3 years. What is the Present Value of this annuity, if the continuously compounded interest rate is 6%? Group of answer choices A)$240,021.72 B)$221,144.44 C)$190,165.35 D)$188,426.04
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