Problem 5-11 Present Value of an Annuity Due (LG5-E If the present value of an ordinary, 7-year annuity is $5,700 and interest rates are 8.5 percent, what's the present value of the same annuity due? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Present value $ 29,175.53X

Problem 5-11 Present Value of an Annuity Due (LG5-E If the present value of an ordinary, 7-year annuity is $5,700 and interest rates are 8.5 percent, what's the present value of the same annuity due? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Present value $ 29,175.53X

Accounting (Text Only)

26th Edition

ISBN:9781285743615

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter14: Long-term Liabilities: Bonds And Notes

Section: Chapter Questions

Problem 14.20EX

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Pls help sir all parts or else pls skip
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