Answer:
The present value of the annuity will be 8,215
Step-by-step explanation:
This will be the case of an annuity.
There is an annuity of 450 dollars, at a 5% rate for 50 years.

c= 450
rate = 0.05
time = 50

PV = $8,215.1665
rounding to nearest dollar = $8,215