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A. What would be the future value of $8,528 invested annually for nine years beginning one year from now if the annual interest rate is

A. What would be the future value of $8,528 invested annually for nine years beginning one year from now if the annual interest rate is 20 percent?

Future Value=

B.What would be the present value of a $9,800 annuity for which the first payment will be made beginning one year from now, payments will last for 27 years, and the annual interest rate is 9 percent?

Present Value=

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