Present value of an annuity) Determine the present value of an ordinary annuity of $3.000 per year for 18 years, inal payment at the end of year 23. That is no payments are made on the annuity at the end of years through 5 geams 7 percent Assume that the first cash Sow from the annually comes at the end of year and the stead, annual payments are made at the end of years through 23 The present value of the annuity at the end of year 5 Round to the nearest cent The present value of the annuity today is (Round to the nearest cont)