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14. Present Value- Compute the present value of $3,000 deposit in year 1 and another $3,500 deposit at the end of year 5 using an

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14. Present Value- Compute the present value of $3,000 deposit in year 1 and another $3,500 deposit at the end of year 5 using an 8 % interest rate. 15. Preseng Value of an Annuity. What's the present value of a $1,225 annuity Payment over five years if interest rates are 9 percent

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