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Business Finance CRN 11393 (1) Homework: Chapter 6 Homework Score: 0 of 1 pt 2 of 6 (1 complete) P6-2 (similar to) (Related to Checkpoint

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Business Finance CRN 11393 (1) Homework: Chapter 6 Homework Score: 0 of 1 pt 2 of 6 (1 complete) P6-2 (similar to) (Related to Checkpoint 6.2) (Present value of an ordinary annuity) What is the present value of $3,500 per year for 9 years discounted back to the present at 9 percent? The present value of $3,500 per year for 9 years discounted back to the present at 9 percent is $ 1888.5 (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer Clear All All parts showing O Type here to search O

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