Question: help please Problem 5-36 Colculating Present Value of Annuities [ LO1] Peter Lynchpin wants 10 seil you an investment contract that pays equal $13.700 amounts
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Problem 5-36 Colculating Present Value of Annuities [ LO1] Peter Lynchpin wants 10 seil you an investment contract that pays equal $13.700 amounts at the end of each of the next 17 years. If you reqaire an effective arnual refurn of 8 percent on this investment, how much will you pay for the contract today? Note: Do not round intermediate colculations and round your answer to 2 decimal places, e.g., 32.16
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