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6. [-/10 Points] DETAILS BRECMBC9 12.11.020. Solve by using formulas. (Round your answer to the nearest cent.) Present value (in $) of an annuity due

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6. [-/10 Points] DETAILS BRECMBC9 12.11.020. Solve by using formulas. (Round your answer to the nearest cent.) Present value (in $) of an annuity due Annuity Payment Time Nominal Interest Present Value Payment Frequency Period (years) Rate (%) Compounded of the Annuity $1,300 every year 5 5.7 annually $

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