Question: Please wirte in detail how to get the correct answer You Answered Correct Answers The present value of an ordinary annuity is $6,000. What is

Please wirte in detail how to get the correct answer
Please wirte in detail how to get the correct answer You Answered

You Answered Correct Answers The present value of an ordinary annuity is $6,000. What is the present value of an otherwise identical annuity due if the interest rate is 5%? Please, express your answer in dollars and cents but omit the $ sign. 114,285.71 6,300 (with margin: 0.1)

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