Two annuities have equal present values and an applicable discount rate of 7 percent. One annuity pays RM2,500 on the first day of each year for 15 years. How much does the second annuity pay each year for 15 years if it pays at the end of each year?   Select one: A. RM2,266.67 B. RM2,331.00 C. RM2,675.00 D. RM2,500.00

Annuity X pays $115 at each year-end for 3 years. Annuity Y pays $105 at the beginning of each year for 3 years. The effective annual rate is 10%. Which one is correct?A. Annuity X has a higher present value than Annuity Y.B. Annuity Y has a higher present value than Annuity X.C. Annuity X has the same present value as Annuity Y

K (Present value of an annuity due) Determine the present value of an annuity due of $2,000 per year for 25 years discounted back to the present at an annual rate of 6 percent. What would be the present value of this annuity due if it were discounted at an annual rate of 11 percent? CELE (Round to the nearest cent.) $(Round to the nearest cent.) a. If the annual discount rate is 6 percent, the present value of the annuity due is $ b. If the annual discount rate is 11 percent, the present value of the annuity due is:

What's the future value of a 3-year $500 ordinary annuity, if the quoted interest rate is 11.35%, compounded semiannually? Note that the annuity payments are annual but that the compounding is semiannual. Round your final answer to 2 decimal places. $1,729.62 O $1.757.72 $1,888.60 O $1,777.10 O $1.676.69