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Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment
Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.)
Amount of payment | Payment payable | Years | Interest rate | Value of annuity | |
$2,600 | Annually | 3 | 6% | $ |
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