Question: Use Table 12-2 to calculate the present value in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Time Payment

Time Payment Frequency Period (years) Nominal Interest Rate(%) Compounded Present Value of

Use Table 12-2 to calculate the present value in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Time Payment Frequency Period (years) Nominal Interest Rate(%) Compounded Present Value of the Annuity (in $) $1,200 every year 10 11 annually X Enter a number Periods seriods 1% 1% 1 0.99502 0.99010 0.98522 2 1.98510 1.97040 1.95588 2.97025 2.94099 2.91220 3.95050 3.90197 3.85438 5 4.92587 4.85343 4.78264 2% 3% 0.98039 0.97087 0.96154 1.94156 1.91347 1.88609 2.88388 2.82861 2.77509 3.80T73 3.71710 3.62990 4.71346 4.57971 4.45182 5% 6% 7% 89 0.95238 0.94340 0.93458 0.92593 1.85941 1.83339 1.80802 1.78326 2.72325 2.67301 2.62432 257710 3.54595 3.46511 338721 331213 4.32948 4.21236 4.10020 3.99271 2 3 3 4 5 6 4.76654 6 7 5.38929 7 5.89638 5.79548 5.69719 6.86207 6.72819 6,59821 7.82296 7.65168 7.48593 8.77906 8.56602 8.36052 9.73041 9.47130 9.22218 8 5.60143 5.41719 5.24214 5.07569 6.47199 6.23028 6.00205 5.78637 7.32548 7.01969 6.73274 6.46321 8.16224 7.78611 7.43533 7.10782 8.98259 8.53020 8.11090 7.72173 4.62288 5.20637 5.74664 4.91732 5.58238 6.20979 6.80169 7.36009 8 9 5.97130 6.51523 7.02358 6.24689 9 10 6.71008 10 11 12 11 7.88687 8.38384 7.13896 7.53608 13 10.67703 10.36763 10.07112 9.78685 9.25262 8.76048 8.30641 11.61893 11.25508 10.90751 10.57534 9.95400 9.38507 8.86325 12 55615 12.13374 11.73153 11.34837 10.63496 9.98565 9.39357 13.48871 13.00370 12.54338 12.10625 11.29607 10.56312 9.89864 14.41662 13.86505 1334323 12.84926 11.93794 11.11839 10.37966 7.49867 7.94269 8.35765 8.74547 9.10791 8.85268 9.29498 9.71225 14 15 12 13 14 7.90378 8.24424 8.55948 15 16 16 17 18 15.33993 14.71787 14.13126 13.57771 12.56110 11.65230 10.83777 10.10590 9.44665 16.25863 15 56225 14.90765 14.29187 13.1661212.16567 11.27407 10.47726 9.76322 17.17277 16.39827 15.67256 14.99203 13.75351 12.659301168959 10.82760 10.05909 18.08236. 17.2260116.42617 15.67846 14.32380 13.13394 12.08532 11.15812 10.13560 18.98742 18.04555 17.16864 16.35143 14.87747 13.590331246221 11.46992 10 5940 8.85137 9.12164 9.37189 9.60360 9.81815 17 18 19 21 21 1979 1.856917.90014 17.0112115.41502 14.02916 12.82115 11.76408 10.51 TOOTED 2017 19.66 18.620217.650S 15.9.1692 14.4511213.16.100 12.04 15 1.0612110220074 21075020455219.16 18.29220 16.443614856841348857 12.0111127219 17106 22 5627 21 2419 200191191169155415.24696 13.79250611160276 199216171115156220140914127161016478 24 2412422279202120-121011776449277417519 Face Periods Periods 1 2 2 9% 10% 11% 0.91743 0.90909 0.90090 1.75911 1.73554 1.71252 2.53129 2.48685 2.44371 3.23972 3.16987 3.10245 3.88965 3.79079 3.69590 12% 13% 14% 0.89286 0.88496 0.87719 1.69005 1.66810 1.64666 2.40183 2.36115 2.32163 3.03735 2.97447 2.91371 3.60478 3.51723 3.43308 15% 0.86957 1.62571 2.28323 2.85498 3.35216 16% 175 0.86207 0.85470 1.60523 1.58521 2.24589 2.20958 2.79818 2.74324 3.274293.19935 185 0.82746 1.56564 2.17427 2.69006 3.12717 3 3 4 4 5 5 6 4.11141 6 7 7 4.48592 4.35526 5.03295 4.86842 5.534825.33493 5.99525 5.75902 6.41766 6.14457 4.23054 4.71220 5.14612 5.53705 5.88923 3.99755 3.88867 3.78448 3.68474 3.58918 3.49760 4.42261 4.28830 4.16042 4.03857 3.92238 3.81153 4.79877 4.63886 4.48732 4.34359 4.20716 4.07757 5.13166 4.94637 4.77158 4.60654 4.45057 4.30302 5.42624 5.216125.01877 4.83323 4.65860 4.49409 4.56376 4.96764 5.32825 5.65022 8 9 9 10 10 11 11 12 13 6.80519 6.49506 6.20652 7.160736.81369 6.49236 7.486907.10336 6,74987 7.78615 7.36669 6.98187 8.060697.60608 7.19087 5.93770 5.68694 5.45273 5.23371 6.19437 5.91765 5,66029 5.42062 6.42355 6.12181 5.84236 5.58315 6.62817 6.30249 6,00207 5.72448 6.8106 6.46238 6.14217 5.84737 5.02864 4.83641 4.65601 5.19711 4.98839 4.79322 5.34233 5.11828 4.90951 5.46753 5.22930 5.0006 5.57546 5.32419 5.09158 12 13 14 15 14 15 16 6.26506 5.95423 16 17 17 8.312567.82371 8.54363 3.02155 8.75563 8.20141 8.95011 8.36492 9.12855 8.51356 18 19 7.37916 7.54879 7.70162 7.83929 7.96333 6.97399 7.11963 7.24967 7.36578 7.46944 6.6038 6.72909 6.83991 6.93797 7.02475 6.37286 6.46742 6.55037 6.62313 5.66850 5.74870 5.81785 5.87746 5.92884 6.04716 6.12797 6.19823 6.25933 18 5.40529 5.47461 5.53385 5.58449 5.62777 5.16235 5.22233 5.27316 5.31624 5.35275 19 20 20 6.68696 21 8.07507 8.17574 6.74294 9.29224 8.64869 9.44243 8.77154 9.580213.8322 9.70661 98474 9.82258 907704 7.56200 7.64665 7.7184 7.78432 7.84314 2 7.10155 7.16951 7.22966 7.28288 7.32998 6.31246 6,35866 6.19 5.97314 601133 6,04425 6.07263 6.09709 5.38368 5.000 5.4.1212 5.45095 6.79206 6.81514 5.66476 5.69637 5.72140 5.74649 5.76620 24 8.34814 8.42174 6.46415 MANO 992897 9.1895 1002658921723 7.89566 7.94255 7.37167 6. 7.40856 6.93515 6.49056 6.5135 6.TINIS 6.11 5.78311 5.79753 8.54780

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