Question: Use Table 122 to calculate the present value (in $ ) of the annuity due. (Round your answer to the nearest cent.) begin{tabular}{|c|c|c|c|c|c|} hline Annuity

$of the annuity due. (Round your answer to the nearest cent.) \begin{tabular}{|c|c|c|c|c|c|}$

$\hline Annuity Payment & Payment Frequency & Time Period (years) & Nominal$

Use Table 122 to calculate the present value (in $ ) of the annuity due. (Round your answer to the nearest cent.) \begin{tabular}{|c|c|c|c|c|c|} \hline Annuity Payment & Payment Frequency & Time Period (years) & Nominal Rate (\%) & Interest Compounded & Present Value of the Annuity \\ \hline$300 & every month & 241 & 6 & monthly & $ \\ \hline \end{tabular} Use Table 12-2 to calculate the present value (in \$) of the ordinary annuity. (Round your answer to the nearest cent.) considered by the bank (wse Table 12-2). (Round your answer to the nescest cent.)

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