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P6-2 (Similar to) (Related to Checkpoint 6.2) (Present value of an ordinary annulty) What is the present value of $2,000 per year for 8 years

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P6-2 (Similar to) (Related to Checkpoint 6.2) (Present value of an ordinary annulty) What is the present value of $2,000 per year for 8 years discounted back to the present at 11 percent? (Round to the nearest cent.) The present value of $2,000 per year for 8 years discounted back to the present at 11 percent is $

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