Question: Exercise 5-20 (Algo) Deferred annuities: solving for annulty amount [LO5-8, 5-9] On Apsit2024 Amtonio purchased appiances from the Acme Apgance Company fer 52,000 in order

Exercise 5-20 (Algo) Deferred annuities: solving for annulty amount [LO5-8, 5-9] On Apsit2024 Amtonio purchased appiances from the Acme Apgance Company fer 52,000 in order to increase sales. Acme begiving Oclober 12024 . The annual intweit rate onglct in this agreement is 24K. Atepulred. Mote Une tables. Foreler a fiosidal caiculater. De net reind intermediole cakcutations. Mound your fial ansmers te neareut

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both anwers are worng, please give me correct anwer! Present value of annuity =$2,3000.021(1+0.02)18 Present value of annuity =$2,009.67 Finally, we can calculate the monthly payment by dividing the...

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