Question: This test: 50 point(s) possible This question: 3 point(s) possible Test: MATH1... Question 3 of 15 Find the present value of an annuity with payments

This test: 50 point(s) possible This question: 3 point(s) possible Test: MATH1... Question 3 of 15 Find the present value of an annuity with payments of$1,000 at the end of every three months for 10 years. The interest rate is 4% compounded quarterly. The present value of the annuity is $D. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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