What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %?

What is the present worth of a P500 annuity starting at the end of th

1.	What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %?
A.	P 727.17
B.	P 717.17
C.	P 714.71
D.	P 731.17
Answer» C. P 714.71

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What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %?

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