present value of annuities 6. Present value of annuities Your...
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present value of annuities 
6. Present value of annuities Your uncle has said that if you agree to finish college he will give you equal payments of $1,500 at the end of each year for the next nine years. If the annual interest rate stays constant at 5%, what is the value of these payments in today's dollars? (Note: Round your answer to the neares whole dollar) $13,328 $9,063 $10,662 O $11,195 You found out that now you are going to receive payments of $7,500 for the next 12 years. You will receive these payments at the beginning of eac year. The annual interest rate will remain constant at 14%. What is the present value of these payments? (Note: Round your answer to the nearest whole dollar) $65,333 $38,716 $42,452 $48,395
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