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Calculate the present value of a 4-payment Due annuity of $ 1,000 if the interest rate is 5%. Due 1st year: $ 1,000.00 2nd year:

Calculate the present value of a 4-payment "Due" annuity of $ 1,000 if the interest rate is 5%. Due 1st year: $ 1,000.00 2nd year: $ 1,000.00 3rd year: $ 1,000.00 4th year: $ 1,000.00

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