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2. PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities, Discounting occurs once a year. $600 per year for 12 years

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2. PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities, Discounting occurs once a year. $600 per year for 12 years at 8% $300 per year for 6 years at 4% Rework parts 1 and 2 assuming they are annuities due. $600 per year for 12 years at 8% $300 per year for 6 years at 4% 3. PRESENT VALUE OF A PERPETUITY What is the present value of a $600 perpetuity if the interest rate is 5%? If interest rates doubled to 10%, what would its present value be

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