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What is the PV of an annuity due with 5 payments of $8,800 at an interest rate of 4.8%? a. $38,310.96 b. $44,953.20 c. $40,149.88

What is the PV of an annuity due with 5 payments of $8,800 at an interest rate of 4.8%?

a. $38,310.96

b. $44,953.20

c. $40,149.88

d. $47,110.96

e. $31,349.88

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