( If you want to be paid from a 11 year ordinary annuity with a guaranteed...
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( If you want to be paid from a 11 year ordinary annuity with a guaranteed rate of 3.342% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $6,000.00 over the 11 year period? Principal = $ ( If you want to be paid from a 11 year ordinary annuity with a guaranteed rate of 3.342% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $6,000.00 over the 11 year period? Principal = $
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