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What is the PV of an annuity due with 5 payments of $9,300 at an interest rate of 4.7%? a. $40,600.24 b. $47,660.21 c. $42,508.45

What is the PV of an annuity due with 5 payments of $9,300 at an interest rate of 4.7%?
a. $40,600.24
b. $47,660.21
c. $42,508.45
d. $49,900.24
e. $33,208.45

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