Angie needs to have an annuity payment of $1,300 at the beginning of each year for 10 years. How much should she depoosit now at 10% interest, compounded annually, to yeil this payment?

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# Angie needs to have an annuity payment of $1,300 at the beginning of each year for 10 years. How much…

Angie needs to have an annuity payment of $1,300 at the beginning of each year for 10 years. How much should she depoosit now at 10% interest, compounded annually, to yeil this payment?