Question: Find the present value annuity factor for a 12-year annuity whose annual rate is 9.7% 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 9.7% with daily compounding.
Round your answer to the nearest thousandth place (3 digits after the decimal point).
This is a problem regarding the math of money and annuities im having trouble doing the practice problems for the up coming exam. and got stuck on this one.
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