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Save Score: 0 of 10 pts 18 of 22 (18 complete) HW Score: 68.94%, 151.67 of 220 pts X P6-30 (similar to) Question Help (Present
Save Score: 0 of 10 pts 18 of 22 (18 complete) HW Score: 68.94%, 151.67 of 220 pts X P6-30 (similar to) Question Help (Present value of an annuity due) Determine the present value of an annuity due of $8,000 per year for 25 years discounted back to the present at an annual rate of 11 percent. What would be the present value of this annuity due if it were discounted at an annual rate of 16 percent? a. If the annual discount rate is 11 percent, the present value of the annuity due is $ 74785.1. (Round to the nearest cent.) b. If the annual discount rate is 16 percent, the present value of the annuity due is $ 2063.96. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. Clear All All parts showing Final Check Prtsen Pgon - End Home Pgup
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