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Complete the following using Table 13.2 or the Business Math Handbook for the present value of an ordinary annuity LU 13:20) Amount of Present value

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Complete the following using Table 13.2 or the Business Math Handbook for the present value of an ordinary annuity LU 13:20) Amount of Present value (amount annuity Interest needed now to invest expected Payment Time to receive annuity) 13-5. $900 Annually 6% rate 4 years DRILL PROBLEMS Complete the ordinary annuities for the following using tables in the Business Maill Handbook LU 73-762) Amount of Payment Interest Value of payment payable Years rute annuity 13-1. $5,000 Annually 11 4X

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