Question 20 of 20 a If the annual discount rate is 11 percent the present value of the annuity due is S b If the annual discount rate is 16 percent the present value of the annuity due is S Present value of an annuity due Determine the present value of an annuity due of 1 000 per year for 25 years discounted back to the present at an annual rate of 11 percent What would be the present value of this annuity due if it were discou percent Round to the nearest cent Round to the nearest cent This quiz 40 point s possible This question 2 point s possible GEXED G