Question: Problem 5 - 6 Present Value of an Annuity Due ( LG 5 - 6 ) If the present value of an ordinary, 8 -

Problem 5-6 Present Value of an Annuity Due (LG5-6)
If the present value of an ordinary, 8-year annuity is $7,300 and interest rates are 8.0 percent, what's the present value of the same annuity due?
Note: Round your percentage answer to 2 decimal places (i.e.,0.1234 should be entered as 12.34).
\table[[Present value,$,13,140.00
 Problem 5-6 Present Value of an Annuity Due (LG5-6) If the

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