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7. Assume that the effective annual rate of return is 3.09%. Please calculate the present value of the following annuities. a. The annuity pays $500

7. Assume that the effective annual rate of return is 3.09%. Please calculate the present value of the following annuities. a. The annuity pays $500 in years 1, 4, 7, and 10.. 7. Assume that the effec...

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