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Find the present value of the following deferred annuity due. Periodic Made Payment Period of Payment At: Period Deferment Term $600 beginning 1 month 3

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Find the present value of the following deferred annuity due. Periodic Made Payment Period of Payment At: Period Deferment Term $600 beginning 1 month 3 years 5 years Interest Rate 12% Conversion Period annually The present value of the deferred annuity due is $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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