What is the present value of an ordinary $800 annuity payment over 15 years if the interest rates are 6 percent (assume

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answerhappygod
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What is the present value of an ordinary $800 annuity payment over 15 years if the interest rates are 6 percent (assume

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What is the present value of an ordinary $800 annuity paymentover 15 years if the interest rates are 6 percent (assume annualcompounding)?
"$18,620.78 "
"$7,769.80 "
"$12,000.00 "
"$16,820.78 "
Not possible to compute with the data provided
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