Question: I need help with getting the correct answer with explaining, please. An annuity due makes 12 annual payments of $6,000. If the cost of capital

I need help with getting the correct answer with explaining, please.

An annuity due makes 12 annual payments of $6,000. If the cost of capital is 6.6%, what is the present value of the annuity? Answer Format: Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46

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