Question: 10A) 10B) Solve the following by using formulas. Present value of an annuity due. Do not round intermediate calculations. Round your answer to the nearest

10A)

10A) 10B) Solve the following by using formulas. Present value of an

10B)

annuity due. Do not round intermediate calculations. Round your answer to the

Solve the following by using formulas. Present value of an annuity due. Do not round intermediate calculations. Round your answer to the nearest cent. Annuity Payment Time Nominal Interest Payment Frequency Period (years) Rate(%) Compounded Present Value of the Annuity $1,000 every 3 months 4 8.6 quarterly Solve the following by using formulas. Present value of an annuity due. Do not round intermediate calculations. Round your answer to the nearest cent. Annuity Payment Time Nominal Interest Payment Frequency Period (years) Rate (%) Compounded Present Value of the Annuity $750 every 6 months 4 7.2 semiannually

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