Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Interest Rate(%) Compounded Present Value of the Annuity (in $) $1,200 every year 10 11 annually $ Need Help? Read it Talk to a Tutor Periods 85 Periods 2 1% 2% 3% 1.00000 1.00000 1.00000 1.00000 201000 2.015002.02000 2.03000 3.03010 3.04522 3.06040 3.09090 4.06040 4.090904.12161 4.18363 5.10101 5.15227 5.20404 5.30914 1.00000 2.00500 3.01502 4.03010 5.05025 3 5% 1.00000 1.00000 2.01000 2.05000 3.12160 3.15250 4.24646 4.31013 5.41632 5.52563 79 1.00000 2.07000 3.21490 4.43994 1.00000 2.06000 3.1 8360 4.37462 5.63709 1.00000 208000 3.24640 4.50611 5.86660 2 3 4 4 5 5.75074 5 6 7 6 8 6.07550 6.15202 6.22955 6.30812 6.46841 6.63298 6.80191 6.97532 7.15329 7.33593 7.10588 7.21354 7.32299 743428 7.66246 7.89829 8.14201 8.39384 8.65402 8.92280 8.14141 8.28567 8.43284 8.58297 8.89234 9.21423 9.54911 9.89747 10.25980 10.63663 9.18212 9.36853 9.55933 9.75463 10.15911 10.58280 11.02656 11.49132 11.97799 12.48756 10.22803 10.46221 10.70272 10.94972 1146388 12.00611 12.57789 13.18079 13.81645 14.48656 7 8 9 10 9 10 11 12 13 14 11.27917 11.56683 11.86326 12.16872 12.80780 1348635 14 20679 14.97164 15.78360 16,64549 12.33556 12.68250 13.04121 13.41209 14.19203 15.0258115.91713 16.86994 17.88845 18.97713 13.39724 13.80933 14.23683 14.68033 15.61779 16.62684 17.71298 18.88214 2014064 21.49530 14.46423 14.94742 15.45038 15.97394 17.08632 18.29191 19.59863 21.01507 22.55049 24.21492 15.53655 16.09690 16,68214 17.29342 18.59891 20.02359 21.57856 23.27597 25.12902 27.15211 11 12 13 14 15 15 16 17 18 19 20 16 61423 17257861793237 18.6.1929 20.156821.82453 23.65749 25.67253 27 ANOS 30.32428 17.69730 18.43014 19.20136 20 0120721.76159 23.69751 25.14037 28 21288 30.84022 33.75023 18.78579 19.61475 20.48938 214123123.41414 25.6454128.1323830.90565 33.99903 37.45024 19.87972 20.81090 21.79672 22.84056 25.11687 27.67123 30.53900 33.75999 37.37896 41.44626 20.97912 22.01900 23.1 2367 24.29737 26.87037 29.7780833.06595 36.7855940.99549 45.7619 16 17 18 19 20 21 21 22 23 24 25 22.08401 23.2.1919 24.47052 25.7833228.67649 31.9692035.71925 39.99273 4.86518 23.19443 24.4715925.83758 27.29898 30.5367 34.24797 38.50521 43.19229 49.005744 2431010 25.71630 27.22514 28 84496 32.4528 36.61789 41.44048 46.9953 53.43614 25:43196 26.97346 28.6335230.421864.62647 19.08260 14.502005081558 58.17667 26.55912 28.2432030.06.30232.03030 16.45926 41.64591 47.72710 54.86451 63.24904 50.42292 55.45676 60.9330 66.76476 731059 23 24 25 26 27 27.69191 2952563 31.51397 33.6709138.55304 44.31174 51.11.145 59.15638 2 037 30.2009 32.9366835443240.70963 47.08421 54.6691363.70577 29 9745232.12910 4.48148370512142.9909249.9675858.402565211 68 67647 74.4 79.95142 871507 27 0.69769
