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1. What is the future value of 17 periodic payments of $8,690 each made at the end of each period and compounded at 10%? 2.

1. What is the future value of 17 periodic payments of $8,690 each made at the end of each period and compounded at 10%?

2. What is the present value of $8,690 to be received at the end of each of 18 periods, discounted at 5% compound interest?

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