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Compute the present value of an ordinary annuity that pays $7,000 per year for 15 years at 8%. Present value of ordinary annuity of $1:

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Compute the present value of an ordinary annuity that pays $7,000 per year for 15 years at 8%. Present value of ordinary annuity of $1: 7% 8% 9% 10% 12% 11 7.499 7.139 6.805 6.495 5.938 12 7.943 7.536 7.161 6.814 6.194 13 8.358 7.904 7487 7.103 6.424 14 8.745 8.244 7.786 7.367 6.628 15 9.108 8.559 8.061 7.606 6.811 O A. $59,913 B. $60,380 OC. $59,353 O D. $60,473 nur answe

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