Growth Annuities

Question 6 (1 point) A stream of monthly returns has been following a geometric growth pattern of 0.80% for a total of 3.0 years. Its present value has already been calculated to be $13000. Calculate the equivalent uniform payment amount for the geometric growth if the interest rate is 7.9% compounded monthly. Your answer should be accurate to the nearest cent. (Ex: 4390.10) Your