30
(Choose 1 answer)
A. $399,356
(20643) Annuity due: Your inheritance will pay you $100,000 a year for five years beginning now. You can invest it in a CD that will pay 7.75 percent annually. What is the present value of your inheritance? (Round to the nearest dollar.)
B. $401,916
C. $433,064
D. $467.812
