Find the present value pv of the annuity necessary to fund, Financial Management

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Find the present value pv of the annuity necessary to fund

Find the present value PV of the annuity necessary to fund the withdrawal given. HINT [See Example 3.] (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $400 per month for 20 years, if the annuity earns 3% per year

PV=_____$

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Financial Management: Find the present value pv of the annuity necessary to fund

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Financial Management: Find the present value pv of the annuity necessary to fund

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