Mike Carlson will receive $10,000 a year from the end of the third year to the end of the 12^th year (10 payments).The discount rate is 10%.The present value today of this deferred annuity is: A) $61,446 B) $55,860 C) $46,165 D) $50,782

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The Answer of Mike Carlson will receive $10,000 a year from the end of the third year to the end of the 12^th year (10 payments).The discount rate is 10%.The present value today of this deferred annuity is: A) $61,446 B) $55,860 C) $46,165 D) $50,782

Mike Carlson Will Receive $10,000 a Year from the End