### What is the present value of the same annuity due

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Question: If the present value of an ordinary, 6-year annuity is \$6,200 and interest rates are 7.5 percent, what's the present value of the same annuity due? (Round your answer to 2 decimal places.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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