Chapter 4, Sandbox Problem 18 Using a handheld (5 button) financial calculator, compute the present value of a finite annuity stream. The first payment occurs in 8 years, and the last payment occurs 16 years from today. The first payment will be $235. Subsequent payments will SHRINK at an annual rate of -5.8%. Use an effective annual rate (EAR) of 8.6%. HINT: Draw a high quality timeline (alwasy!), and then be careful when computing the total number of cash flows that comprise the annuity stream. For example, if the annuity stream begins at t = 10 and ends at t = 15 the total number of payments within the stream is NOT 5. Enter your answer as a positive value. ed wer 661.39 margin of error +/- 1%