Mathematics for FinanceMTP Jun 23Question 1518 of 422
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Find the present value of an ordinary annuity of $8$ quarterly payments of $500$ each, the rate of interest being $8\%$ p.a. compounded quarterly

Options

A$3270.00$
B$4725.00$
C$3662.50$
D$3266.50$
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Correct Answer

Option c$3662.50$

All Options:

  • A$3270.00$
  • B$4725.00$
  • C$3662.50$
  • D$3266.50$

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