Present Value of 1 Factor Present Value of an Annuity of 1 Factor Period 1/2 Yr Full-Yr 1/2 Yr Full-Yr 0.9449 0.8929 0.9449 0.8929 0.8929 0.7972 1.8378 1.6901 0.8437 0.7118 2.6814 2.4018 0.7972 0.6355 3.4786 3.0373 0.7533 0.5674 4.2319 3.6048 0.7118 0.5066 4.9437 4.1114 Assumption: Required annual effective rate (EPR) of 2 4 6 return is 12%. If an investment pays you $17,000 at the end of each year for 3 years, what is its present value? O $44,471 O $36,30:2 O $40,831 O$42,021