Question: (Present value of an annuity due) Determine the present value of an annuity due of $7,000 per year for 25 years discounted back to

(Present value of an annuity due) Determine the present value of an annuity due of $7,000 per year for 25 years discounted back to the present at an annual Pats of parent What Would present value of this annulty due if it were discounted at an annual rate of 12 percent? a. If the annual discount rate is 7 percent, the present value of the annuity due is $ (Round to the nearest cent.)

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