Question: 1 6. [12 Points] DETAILS WANEFMAC7 3.3.017. ' MY NOTES PRACTICE ANOTHER Find the present value PV of the annuity account necessary to fund the

1 6. [12 Points] DETAILS WANEFMAC7 3.3.017. ' MY NOTES PRACTICE

1 6. [12 Points] DETAILS WANEFMAC7 3.3.017. ' MY NOTES PRACTICE ANOTHER Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-ofperiod withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $900 per month for 20 years, if the account earns 2% per year and if there is to be $10,000 left in the'annuity at the end of the 20 years

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