Problems 4-11
Identify the variables. Substitute these values into the present value of an
annuity formula. If you have a programmable calculator, now would be a good time
to enter the present value of an annuity problem before doing these problems.
If you do program a calculator, be sure to check to see you have programmed it
correctly by working Example 1.
Note: Homework Hints are given only for the levels 1 and 2 problems.