Are you taking AP classes? Try apfive.com
501(c)(3) Nonprofit
College Mathematics/Financial Mathematics
Start Practice TestPractice Test
About Exam
medium

Present Value Of An Annuity

< Prev
Next >
Calculate the present value of an annuity with fixed annual payments of $500, an annual interest rate of 4%, and a total of 3 payments.
A

$1,254.23

B

$1,387.55

C

$1,582.23

D

$1,412.32

Hint
Did You Know?
Explain Why
Explain All Answers
Check Answer
Show Correct Answer
Report Question

Question Leaderboard

Not enough data yet to show leaderboard.

AI Tutor

How can I help?