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Both questions Canvas Help Center? 14,000 Incorrect Question 17 0/1p Given that the interest rate is 5% per annum, what is the present value of
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Canvas Help Center? 14,000 Incorrect Question 17 0/1p Given that the interest rate is 5% per annum, what is the present value of an investment that has 7 equal payments of $50,738 each year for 7 years, starting today? Round your answer to the nearest dollar($). 36,059 0/1 pts Incorrect Question 18 Jackie & her husband started a savings account for their twin daughters when they were 4 years old. They have been saving $7,972 a year at an interest rate of 3%, and intend on keeping up with their annual contribution to the fund until the girls are 21. What is the future value of their investment? Round your answer to the nearest dollar ($). 178,688 1/1 pts Question 19 Which of the following is true about perpetuities? MacBook AirStep by Step Solution
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