Question: Problem 9-28 Annuity due [LO9-4] What is the present value of a 6-year annuity of $2,000 per period in which payments come at the beginning

Problem 9-28 Annuity due [LO9-4] What is the present value of

Problem 9-28 Annuity due [LO9-4] What is the present value of a 6-year annuity of $2,000 per period in which payments come at the beginning of each perlod? The Interest rate is 9 percent. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. When using Appendix D to find the present value of this annulty due, subtract 1 from n and add 1 to the table value. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Present value

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