Use a calculator to evaluate the present value of an annuity formula for the values of the variables m = $150, r = 7%, n = 12, and t = 5 years.

Please round the answer to the nearest cent.

$ __________

Question

Use a calculator to evaluate the present value of an annuity formula for the values of the variables ​m ​= $150, ​r​ = 7%, ​n​ = 12, and ​t​ = 5 years.
​  ​
Please round the answer to the nearest cent.
​
$ __________

Quizplus · Accepted Answer

The Answer of Use a calculator to evaluate the present value of an annuity formula for the values of the variables ​m ​= $150, ​r​ = 7%, ​n​ = 12, and ​t​ = 5 years.
​  ​
Please round the answer to the nearest cent.
​
$ __________

Use a Calculator to Evaluate the Present Value of an Annuity