What is the pv of an annuity with cash flows of 7500


Question - What is the PV of an annuity with cash flows of 7,500 dollars paid at the end of each year for 20 years using a discount rate of 12 percent?

a. 15,550.01

b. 33,294.13

c. 150,000.00

d. 56,020.83

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