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Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1.
Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1. PV of $1, EVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Annuity Payment Annual Rate Interest Compounded Period Invested Present Value of Annuity 1. $ 5,600 9.0% Semiannually 3 years 2. 10,600 10.0% Quarterly 2 years 3. 4,600 11.0% Annually 5 years
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