IE Take Test: HWH FIN3004: x 9 A lender is quoting a rate 0! J x {3 Question 5 - Chapter 4 Home x i Course Hero 6 C h suutherncl.blackbuard.corn Ehurses '31)} Take Test: HW#2 QUESTION 9 Rahul is scheduled to receive annual payments of $3,600 for each of the next 12 years. The discount rate is 8 percent. What is the difference in the present value if these payments are paid at the beginning of each year rather than at the end of each year'? Q A. $2,170.39 O B. $2,027.94 0 C. $2,304.96 0 D.$2,021.18 O E. $2,511.07 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save Ail Answers