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show all work (11) What is the present value (today) of an ordinary annuity of $5,000 per month. The first payment (cash flow) occurs one

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What is the present value (today) of an ordinary annuity of $5,000 per month. The first payment (cash flow) occurs one month from today and every month after that for 10 years. The APR is 12% compounded monthly. ** Do not enter the \$ sign. Round of to the nearest dollar (no decimals) and DO NOT use commas to separate thousands. For example, if your answer is $34,058.77 then enter 34059 lour

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