Complete the following for the present value of an ordinary annuity.. amount Of annuity expected $900 payment annually for 4 years at a 6% interest rate what would be the present value amount needed now to invest to receive annuity

Complete the following for the present value of an ordinary annuity (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of annuity expected Payment Time Interest rate Present value (amount needed now to invest to receive annuity) 900 Annually 4 years 6 %