Question: Problem 9-13 Present value (LO9-3] Mrs. Crawford will receive $8,800 a year for the next 18 years from her trust. Use Appendix D for an

Problem 9-13 Present value (LO9-3] Mrs. Crawford will receive $8,800 a

Problem 9-13 Present value (LO9-3] Mrs. Crawford will receive $8,800 a year for the next 18 years from her trust. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. If a 13 percent interest rate is applied, what is the current value of the future payments? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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