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This Question: 1 pt 4 of 8 (0 complete) Find the present value of the following deferred annuity due Periodic Made Payment Period of Interest

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This Question: 1 pt 4 of 8 (0 complete) Find the present value of the following deferred annuity due Periodic Made Payment Period of Interest Conversion Payment At: Period Deferment Term Rate Period $1,100 beginning 1 year 2 years 11% monthly The present value of the deferred annuity due is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 3 years

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