单选题 An annuity will pay eight annual payments of $ 100, with the first payment to be received one year from now. If the interest rate is 12 percent per year, what is the present value of this annuity?
【正确答案】 C
【答案解析】N=8, I/Y=12%, PMT=-$100, FV=0; CPT→PV=$496.76.