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1. Given a discount rate of 9.8%. What is the present value of $4,190.95 that is paid to you 11 years from now? 2. How
1. Given a discount rate of 9.8%. What is the present value of $4,190.95 that is paid to you 11 years from now?
2. How much is an annuity of $3,539 that lasts for 16 years worth at a discount rate of 4.49%?
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