Question: Complete the annuity due for the following. (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable Years

Complete the annuity due for the following. (Do not round intermediate calculations. Round your answer to the nearest cent.)

Amount of payment Payment payable Years Interest rate Value of annuity due
$40,000 Semiannually 6 8.5 %

Value of annuity due?

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