The present value of an ordinary annuity of $2,350 each year for eight years,assuming an opportunity cost of 11 percent,is ________.
A)$30,935
B)$27,870
C)$13,424
D)$12,093

Question

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The Answer of The present value of an ordinary annuity of $2,350 each year for eight years,assuming an opportunity cost of 11 percent,is ________.
A)$30,935
B)$27,870
C)$13,424
D)$12,093

The Present Value of an Ordinary Annuity of $2,350 Each