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Compute the present value of an ordinary annuity that pays $8,000 per year for 15 years at 10%. Present value of ordinary annuity of

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Compute the present value of an ordinary annuity that pays $8,000 per year for 15 years at 10%. Present value of ordinary annuity of $1: 7% 11 7.499 12 7.943 13 8.358 14 8.745 8.244 15 9.108 8.559 8% 9% 7.139 6.805 7.536 7.161 7.904 7.487 10% 12% 6.495 5.938 6.814 6.194 7.103 6.424 7.786 7.367 6.628 8.061 7.606 6.811 OA. $61,381 OB. $60,848 OC. $60,048 OD. $61,648

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