What is the present value of an annuity of $25 to be received each month for 25 years if the discount rate is 6% APR? Remember assume that payments occur at the end of each period (ordinary annuity) unless told otherwise, and compounding occurs with the same frequency as payments. o $2,251.84 o $2,561.87 $2,962.59 O $3.489.52 $3.880.17 Note: Clicking any button other than the Save Answer button will NOT save any changes to your answers! SAVE ANSWER SKIP QUESTION I AM FINISHED/SUBMIT FOR GRADE ch Ort a 26 5 6 & 7 8 O backs R P F H J K K L pause v B N M M / ct