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a-1. Calculate the present value of an annual payment of $670.00 you would received for 4 years if the interest rate is 8.51%. (Do not

image text in transcribed a-1. Calculate the present value of an annual payment of $670.00 you would received for 4 years if the interest rate is 8.51%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) a-2. Calculate the present value of an annual payment of $569.50 you would received for 7 years if the interest rate is 8.51%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b-1. Calculate the present value of an annual payment of $670.00 you would received for 4 years if the interest rate is 10.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b-2. Calculate the present value of an annual payment of $569.50 you would received for 7 years if the interest rate is 10.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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