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PS Question 47 Assuming an interest rate of 10%, the present value of $5,000 received at the end of each year for 7 years would

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PS Question 47 Assuming an interest rate of 10%, the present value of $5,000 received at the end of each year for 7 years would be closest to: PV of $1 Factor (n=7, 1-10%): 0.513 PV of Annuity Factor (n-7, 1-1096): 4.868 FV of $1 Factor in-7, 1-10%): 1.949 FV of Annuity Factor In-7. -10%) 9.487 524.340 $35,000 $35,120 $2.565

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