An annuity has 8 years of quarterly payments of $1 where the payments are being made at the begining of each period. The nominal rate of interest is 12% per year convertible mont Which of these would give the present value of the annuity? Select all that apply Choice Formula Choice Formula 4561% 456 12% a 12% $31% A: B: C: Choice A Choice B Choice C Choice D Choice E Choice F 456 1% #31% $06 12% $3/12% D: E: F: a56 12% ä5712% 836 12% a 12%

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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An annuity has 8 years of quarterly payments of $1 where the payments are being made at the begining of each period. The nominal rate of interest is 12% per year convertible monthly.
Which of these would give the present value of the annuity? Select all that apply
Choice Formula
Choice Formula
196|1%
ag6 12%
a3 12%
$3 1%
A:
0000
B:
C:
Choice A
Choice B
Choice C
Choice D
☐ Choice E
☐ Choice F
a96 1%
a31%
S96 12%
$3 12%
D:
E:
F:
ä96 12%
ä3 12%
S96 12%
a3 12%
Transcribed Image Text:An annuity has 8 years of quarterly payments of $1 where the payments are being made at the begining of each period. The nominal rate of interest is 12% per year convertible monthly. Which of these would give the present value of the annuity? Select all that apply Choice Formula Choice Formula 196|1% ag6 12% a3 12% $3 1% A: 0000 B: C: Choice A Choice B Choice C Choice D ☐ Choice E ☐ Choice F a96 1% a31% S96 12% $3 12% D: E: F: ä96 12% ä3 12% S96 12% a3 12%
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