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What is the PV of an annuity due with 5 payments of $7,900 at an interest rate of 5.5%? a. $40,573.38 b. $43,776.54 c. $41,285.20
What is the PV of an annuity due with 5 payments of $7,900 at an interest rate of 5.5%?
| a. | $40,573.38 | |
| b. | $43,776.54 | |
| c. | $41,285.20 | |
| d. | $35,590.69 | |
| e. | $41,997.01 |
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Fundamentals of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
11th edition
77861701, 978-0077861704
