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(Present value of an annuity due) Determine the present value of an annulty due of $3,000 per year for B yeart discounted back to the

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(Present value of an annuity due) Determine the present value of an annulty due of $3,000 per year for B yeart discounted back to the present at an annual rate of 8 percent. What would be the presect value of this annuity due if t wore disoounhed at an annual rate of 13 percent? a. It the annua discount rate is 6 peccent the present value of the anmily due is 3 (Round to the nearest cent.)

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