Use a calculator to evaluate the present value of an annuity formula for the values of the variables m = $50, r = 7%, n = 12, and t = 7 years.
A) $3,233.57
B) $3,311.86
C) $3,309.86
D) $3,312.86
E) $3,325.18

Question

Use a calculator to evaluate the present value of an annuity formula for the values of the variables m = $50, r = 7%, n = 12, and t = 7 years. ​  ​
A) $3,233.57 
B) $3,311.86 
C) $3,309.86 
D) $3,312.86 
E) $3,325.18

Quizplus · Accepted Answer

The Answer of Use a calculator to evaluate the present value of an annuity formula for the values of the variables m = $50, r = 7%, n = 12, and t = 7 years. ​  ​
A) $3,233.57 
B) $3,311.86 
C) $3,309.86 
D) $3,312.86 
E) $3,325.18

Use a Calculator to Evaluate the Present Value of an Annuity