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Find the present value of 10 annual payments of $3,000 per annum where the first payment is made 8 years from now. So there are
Find the present value of 10 annual payments of $3,000 per annum where the first payment is made 8 years from now. So there are 10 annual payments from t=8 to t=17 inclusive. The discount rate is 11% pa. The present value of these payments is: Select one: a. $7,666.4815 b. $8,509.7944 c. $9,605.0313 d. $17,667.6961 e. $27,272.7274
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