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1.what is the value today of a money machine that will pay $4,746.00 per year for 27.00 years? Assume the first payment is made one

1.what is the value today of a money machine that will pay $4,746.00 per year for 27.00 years? Assume the first payment is made one year from today and the interest rate is 10.00%.

2. What is the value today of a money machine that will pay $4,813.00 per year for 20.00 years? Assume the first payment is made 7.00 years from today and the interest rate is 13.00%.

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