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A monthly annuity starts on 1 February 1998 and ends on 1 January 2001 (inclusive). If the value of this annuity on 1 January 2001

A monthly annuity starts on 1 February 1998 and ends on 1 January 2001 (inclusive). If the value of this annuity on 1 January 2001 is $8000 and interest is 11% p.a. compounded monthly, what is its value on 1 January 1998?

please show all work. time diagrams would help. thanks

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