Question: Find the present value annuity factor for a 12-year annuity whose annual rate is 5.3% with daily compounding Round your answer to the nearest thousandth

Find the present value annuity factor for a 12-year annuity whose annual rate is 5.3% with daily compounding Round your answer to the nearest thousandth place (3 digits after the decimal point). Suppose that each week, you make a $144 payment toward a 9-year loan whose annual rate is 4.8%. How much was the loan for? Round your answer to the nearest dollar

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