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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

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 Present value (amount needed now to invest to receive annuity)
$720 Annually 4 Years 6% $

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