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2. What happens to the future value of an annuity if you increase the rate, r? What happens to the present value? 3. Would you

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2. What happens to the future value of an annuity if you increase the rate, r? What happens to the present value? 3. Would you be willing to pay $24,099 today in exchange for $100,000 in 30 years? What would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay

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