Question: financial mathematics please be super explicit with the procedure Daniel receives an inheritance from his grandmother in the form of an annuity. Said annuity pays

financial mathematics

please be super explicit with the procedure

Daniel receives an inheritance from his grandmother in the form of an annuity. Said annuity pays $3,000 annually from the 1st. from January 2019 until the 1st. January 2037. Find the value of said annuity on the 1st. January 2019 if the interest rate is 5% annual effective

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