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use table 12-2 to calculate the present value in $ of the annuity due Annuity payment 700 payment frequency, every month time periods years 1

use table 12-2 to calculate the present value in $ of the annuity due

Annuity payment 700

payment frequency, every month

time periods years 1 1/4

nominal rate % 6

interest compounded monthly.

Present value of the annuity????

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