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Solve the problem using the Present Value Table below. Find the present value of an ordinary annuity with annual payments of $430 at 9% annual

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Solve the problem using the Present Value Table below. Find the present value of an ordinary annuity with annual payments of $430 at 9% annual interest for 13 years. Present Value of a $1.00 Ordinary Annuity Rate per period Periods 2% 3% 4% 6% 7% 8% 9% 10% 12% 1 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 2 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.690 3 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.402 4 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.037 5 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.605 6 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4.111 7 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.564 8 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 4.968 9 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 5.328 10 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 5.650 11 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 5.938 12 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.814 6.194 13 11.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103 6.424 14 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 15 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 6.811 16 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 6.974 17 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 7.120 18 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 3.201 7.250 19 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 20 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 7.469 25 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.8239.077 7.843 30 22.396 19.600 17.292 15.372 13.765 12.409 11.258 10.274 9.427 8.055 40 27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779 8.244 50 31.424 25.730 21.482 18.256 15.762 13.801 12.233 10.962 9.915 8.304 Select one: a. $3347.98 b. $3079.23 c. $3219.41 d. $3054.29

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