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7) Find the present value of the following ordinary annuity. PeriodicPaymentPaymentIntervalTermInterestRateConversionPeriod$28001monthyears611%annually The present value is $ 8) Harlan made equal payments at the end of

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7) Find the present value of the following ordinary annuity. PeriodicPaymentPaymentIntervalTermInterestRateConversionPeriod$28001monthyears611%annually The present value is $ 8) Harlan made equal payments at the end of each month into his RRSP. If interest in his account is 8.8% compounded annually, and the balance after six years is $18,000, what is the size of the monthly payment? The size of the monthly payment is $

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