SOLUTION: What is the present value of an annuity that pays $200.00 per month for 5 years if money is worth 6% compounded monthly? Give answer in dollars rounded to the nearest cent. Do

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Question 1107895: What is the present value of an annuity that pays $200.00 per month for 5 years if money is worth 6% compounded monthly?
Give answer in dollars rounded to the nearest cent. Do NOT enter "$" sign in answer.

Answer by Alan3354(69443)   (Show Source): You can put this solution on YOUR website!
No $, no deal.
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