Find the present value of an annuity of $1,800, at the end of each quarter for 8 years after being deferred for 6 years, if the money is worth an annual rate of 8.8% compounded quarterly. Round your answer to the nearest cent.
A)$31,608.45
B)$27,739.45
C)$19,744.32
D)$24,344.03
E)$14,269.91

Question

Find the present value of an annuity of $1,800, at the end of each quarter for 8 years after being deferred for 6 years, if the money is worth an annual rate of 8.8% compounded quarterly. Round your answer to the nearest cent. ​
A)$31,608.45
B)$27,739.45
C)$19,744.32
D)$24,344.03
E)$14,269.91

Quizplus · Accepted Answer

The Answer of Find the present value of an annuity of $1,800, at the end of each quarter for 8 years after being deferred for 6 years, if the money is worth an annual rate of 8.8% compounded quarterly. Round your answer to the nearest cent. ​
A)$31,608.45
B)$27,739.45
C)$19,744.32
D)$24,344.03
E)$14,269.91

Find the Present Value of an Annuity of $1,800, at the End