Find the present value of the following deferred annuity due. Periodic Made Payment Period of Interest Conversion Payment At: Period Deferment Term Rate Period $200 beginning 1 month 8 years 3 years 9% annually 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.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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O https://mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld3D617070630&questionld=6&flushed%=false&cld%3D681342
BAB110 NII, W22
Yashana Patel
04/16
HW Score: 85.71%, 6 of 7
E Homework: Homework 7
Question 6, 13.4a
points
x) Points: 0 of 1
>
Find the present value of the following deferred annuity due.
Periodic
Payment
$200
Made
Payment
Реriod
Period of
Interest
Conversion
At:
Deferment
Term
Rate
Period
beginning
1 month
8 years
3 years
9%
annually
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.)
Transcribed Image Text:O https://mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld3D617070630&questionld=6&flushed%=false&cld%3D681342 BAB110 NII, W22 Yashana Patel 04/16 HW Score: 85.71%, 6 of 7 E Homework: Homework 7 Question 6, 13.4a points x) Points: 0 of 1 > Find the present value of the following deferred annuity due. Periodic Payment $200 Made Payment Реriod Period of Interest Conversion At: Deferment Term Rate Period beginning 1 month 8 years 3 years 9% annually 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.)
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