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Consider a 22-year annuity-immediate with payments of 3,6,9, ..., 66. Which of the following formulas gives the PV of this annuity? Possible Answers PV =

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Consider a 22-year annuity-immediate with payments of 3,6,9, ..., 66. Which of the following formulas gives the PV of this annuity? Possible Answers PV = 3a22) + (Ia) 22 B PV = 30 221 (Ia) 21 PV = 3+ (Ia) 2114 DPV =3(Ia) 221 E PV = 3+ (1a) 21

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