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What is the present value of a 7-year annuity of $1,000 per period in which payments come at the beginning of each period? The Interest

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What is the present value of a 7-year annuity of $1,000 per period in which payments come at the beginning of each period? The Interest rate is 13 percent. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. When using Appendix D to find the present value of this annuity due, subtract 1 from n and add to the table value (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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