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If an investment pays you $6,000 every 6 months for 3 years, what is its PV? Assume required APR/rate of return is 6%. Use the

If an investment pays you $6,000 every 6 months for 3 years, what is its PV?

Assume required APR/rate of return is 6%. Use the table below to answer the question.

A. 32,503

B. 31,054

C. 33,478

D. 30,150

image text in transcribed

Use the table below to answer the following questions: Present Value of Present Value of 1 an Annuity of 1 3% 6% 6% Period 3% 0.9709 0.9434 0.9709 0.9434 0.9426 0.8900 1.9135 1.8334 0.9151 0.8396 2.8286 2.6730 0.8885 0.7921 3.7171 3.4651 0.8626 0.7473 4.5797 4.2124 0.8375 0.7050 5.4172 4.9173 Assumption: Required annual percentage rate (APR) of return is 6%. If an investment pays you $6000 every 6 months for 3 years, what is its present value? Select one: A. $32,503 B. $31,054 C. $33,478 D. $30,150

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