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Find the present value of the following deferred annuity due. Periodic Payment $600 Made At: beginning Payment Period 1 year Period of Deferment 6 years

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Find the present value of the following deferred annuity due. Periodic Payment $600 Made At: beginning Payment Period 1 year Period of Deferment 6 years Term 3 years Interest Rate 12% Conversion Period semi-annually The present value of the deferred annuity due is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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Applied International Finance

Applied International Finance

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