Find the present value of an annuity due that pays $3000 at the beginning of each quarter

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Find the present value of an annuity due that pays $3000 at the beginning of each quarter for the next 7 years. Assume that money is worth 5.8%, compounded quarterly?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
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