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(A)What is the present value of a 3 year annuity of $280 if the discount rate is 6% (B)what is the present value of the

(A)What is the present value of a 3 year annuity of $280 if the discount rate is 6%

(B)what is the present value of the annuity in (A) if you have to wait an additional year for the first payment?

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