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Find the present value of an annuity if $1,100.00 is paid to you at the end of each month for 3 years, if interest is

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Find the present value of an annuity if $1,100.00 is paid to you at the end of each month for 3 years, if interest is earned at a rate of 5%, compounded monthly. The present value is $ (Round to 2 decimal places.) Identify the type of annuity. "Monthly lot installment where first payment is made after 3 years." O Annuity Certain O Annuity Due O Contingent Annuity O Deferred Annuity

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