Find the present value of the given annuity. Round to the nearest cent.Payments of $45,000 made semiannually for 12 years at 5% compounded semiannually

A. $800,253.00
B. $789,318.00
C. $398,848.50
D. $804,824.36


Answer: D

Mathematics

You might also like to view...

Multiply using the Russian Peasant method.419 × 137

A. 56,493 B. 57,183 C. 56,683 D. 57,403

Mathematics

Find the expression.u = 9i + j, w = i - 9j ;  Find 8u - 6w.

A. 24i + 62j B. 66i + 62j C. 66i - 46j D. 66i + 9j

Mathematics

Evaluate the factorial expression.

A. 1 B. 0! C. 21 D. 7

Mathematics

Find the derivative.y = 6(98x - 4) - 9

A. 72 ln 54 (98x - 4) B. 48 ln 9 (98x - 4) C. 48 ln 54 (98x - 4) D. 72 ln 9 (98x - 4)

Mathematics