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P6-2 (similar to) (Related to Checkpoint 6.2) (Present value of an ordinary annuity) What is the present value of $3,000 per year for 9 years

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P6-2 (similar to) (Related to Checkpoint 6.2) (Present value of an ordinary annuity) What is the present value of $3,000 per year for 9 years discounted back to the present at 9 percent? The present value of $3,000 per year for 9 years discounted back to the present at 9 percent is $ (Round to the nearest cent.)

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