What is the present value of an ordinary annuity with annual payments of $670 at 8% annual interest for 25 years? Click the icon to view the table. The present value of an ordinary annuity is S Round to the nearest cent as needed.) Data table Present Value of a $1.00 Ordinary Annuity Rate per period Periods 2% 3% 4% 5% 6% 7% 8% 1 2 3 4 5 6 7 8 9 10 11 12 9% 10% 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 10 575 9 954 9 385 8863 8.384 7943 7536 7161 6814