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What is the PV of an annuity due with 5 payments of $8,600 at an interest rate of 4.5%? a. $37,753.80 b. $44,357.70 c. $39,452.72

What is the PV of an annuity due with 5 payments of $8,600 at an interest rate of 4.5%?

a. $37,753.80

b. $44,357.70

c. $39,452.72

d. $46,353.80

e. $30,852.72

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