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1) Find the present value of $600 to be received 15 years from today if the annual interest rate is 10%. 2) Find the present

1) Find the present value of $600 to be received 15 years from today if the annual interest rate is 10%.

2) Find the present value of an annuity of $1,000 per year for 10 year (s) if the interest rate is 7%

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