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What is the present value of a $1,000 annuity received each year for five years assuming 6% interest? $4,000 $4,240 $4,212 $3,735
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What is the present value of a $1,000 annuity received each year for five years assuming 6% interest?
$4,000
$4,240
$4,212
$3,735
What is the present value of a $1,000 annuity received each year for five years assuming 6% interest?
| $4,000 | ||
| $4,240 | ||
| $4,212 | ||
| $3,735 |
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