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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. (EV of $1.
Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (EV of $1. PV of $1. EVA of $1, and PVA of S1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Annuity Annual Payment Interest Rate Compounded Period Invested Present Value of Annuity 1 $ 4,700 60% Semiannually 3 years 23 2. 9,700 8.0% Quarterly 2 years 3,700 100% Annually 5 years
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