Find the present value of the following ordinary simple annuity. Periodic Payment Interval 1 month Conversion Payment Term Interest Rate Period $764.00 8.25 years 5% monthly The present value is $...


Find the present value of the following ordinary simple annuity.<br>Periodic<br>Payment<br>Interval<br>1 month<br>Conversion<br>Payment<br>Term<br>Interest Rate<br>Period<br>$764.00<br>8.25 years<br>5%<br>monthly<br>The present value is $<br>(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)<br>

Extracted text: Find the present value of the following ordinary simple annuity. Periodic Payment Interval 1 month Conversion Payment Term Interest Rate Period $764.00 8.25 years 5% monthly The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Jun 06, 2022
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