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C. 47.71 months D. 48.68 months 17) What is the interest rate of a 4-year, annual $1,000 annuity with present value of $3,500? A. 3.85
C. 47.71 months D. 48.68 months 17) What is the interest rate of a 4-year, annual $1,000 annuity with present value of $3,500? A. 3.85 percent B. 5.56 percent C. 8.84 percent D. 9.70 percent zar. 18) What is the present value of a $300 annuity payment over 5 years if interest rates are 8 percent? A. $204.17 (B. $440.80 C. $1,197.81 D. $1,938.96 ney 19) You are planning to make monthl deposits of $330 into a retirement accour thent nays 8 percent annual interest
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