hlannette4753 hlannette4753 20-01-2023 Business contestada What is the present value of an annuity with monthly payments of $500, paid at the beginning of the each of the following three years, if the discount rate (APR) is 12%? a. $15,053.75 b. $15,204.29 c. $12,873.22 d. $15,335.89