Question: Saved Help Save & Exit Subm Check my work Problem 5-23 Present Value of Multiple Annuities (LG5-4) A small business owner visits her bank to

Saved Help Save & Exit Subm Check my work Problem 5-23 Present Value of Multiple Annuities (LG5-4) A small business owner visits her bank to ask for a loan. The owner states that she can a loan at $1,300 per month for the next three years and then $2,600 per month for two years after that. If the bank is charging customers 8.25 percent APR, how much would it be willing to lend the business owner? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value * $ 4 % 5 & 7 3 6 8 9 0

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