5 K < The present value is $ (Round to the nearest cent.) Question 6 of 9 Find the present value of an ordinary annuity which has payments of $800 per year for 13 years at 6% compounded annually. >

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 3E
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Question 6 of 9
Find the present value of an ordinary annuity which has payments of $800 per year for 13 years at 6% compounded annually.
The present value is $
(Round to the nearest cent.)
KIED
Transcribed Image Text:yerTest.aspx?testld=244061029&centerwin=yes 5 K- search Question 6 of 9 Find the present value of an ordinary annuity which has payments of $800 per year for 13 years at 6% compounded annually. The present value is $ (Round to the nearest cent.) KIED
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