If the present value of an ordinary 7-year annuity is 8200


Question: If the present value of an ordinary, 7-year annuity is $8,200 and interest rates are 9.0 percent, what's the present value of the same annuity due? (Round your answer to 2 decimal places.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: If the present value of an ordinary 7-year annuity is 8200
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