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1) What is the future value of 15 periodic payments of $7,000 each made at the end of each period and compounded at 10% 2)

1) What is the future value of 15 periodic payments of $7,000 each made at the end of each period and compounded at 10%

2) What is the present value of $7,000 to be received at the end of each of 20 periods, discounted at 5% compound interest?

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