Previous Problem Problem List Next Problem (1 point) The following payments are made under an annuity: 10 at the end of the 4th year, 9 at the end of the 5th year, decreasing by 1 each year until nothing is paid. Find the present value if the annual effective rate of interest is 8%. ANSWER- Preview My Answers Check Answers You have attempted this problem 0 times This homework set is closed Email instructor hp