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Find the present value of the following ordinary annuity. Periodic payment Payment Interval Term Interest Rate Conversion period $2900 3 months 8 years 8% annually
Find the present value of the following ordinary annuity.
Periodic payment | Payment Interval | Term | Interest Rate | Conversion period |
$2900 | 3 months | 8 years | 8% | annually |
The present value is $____?
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
please help !
ASSISTANCE NEEDED PLEASE !
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