using-a-present-value-table-calculate-the-present-value-of-an-annuity-that-pays-

Question

Using a present value table, calculate the present value of an annuity that pays $1,000 annually for 4 years at a discount rate of 5%.

Accepted Answer

$3,546.00

Answer

$3,200.00

Answer

$3,800.00

Answer

$4,000.00

Using a present value table, calculate the present value of an annuity that pays \$1,000 annually for 4 years at a discount rate of 5%.