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M Sat Jun 4 Sta CH9 HW 3 Toints Skipped eBook Print References AA ezto.mheducation.com A0571101-21 SECTION #1... G What is dem.... Seved Check my work Problem 9-28 Annuity due [LO9-4] What is the present value of a 7-year annuity of $1,250 per period in which payments come at the beginning of each períod? The interest rate is 11 percent. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. When using Appendix D to find the present value of this annuity due, subtract 1 from n and add 1 to the table value. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value Help 70 % + Question 3- Class Princi.... Save & Exit Submit