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What is the present value of an annuity of P 2,000.00 payable annually for 9 years
at if the money is worth 5% compounded quarterly.

Guide Questions:

1. What type of annuity is present in the problem?
2. What were the given presented?
3. What formula should you use to solve the problem?
A.S olqen
4. What would be the answer in the problem?