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Chapter 3.6 - 11920 MAT142 X https://d21.pima.edu/d21/le/content/536587/viewContent/5407693/View DERIVITA Lizbeth Navarrete Question 12 of 12 What is the present value of an ordinary annuity with payments

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Chapter 3.6 - 11920 MAT142 X https://d21.pima.edu/d21/le/content/536587/viewContent/5407693/View DERIVITA Lizbeth Navarrete Question 12 of 12 What is the present value of an ordinary annuity with payments of $70,000.00 paid annually for 25 years at 5% compounded annually? Assume the interest rate does not change while the account is open. Round your answer to the nearest cent. CHECK

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