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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 Payment Annual Rate Interest Compounded Period Invested Present Value of Annuity $ 4,700 6.0% Semiannually 3 years 9,700 8.0% Quarterly 2 years 3,700 10.0% Annually 5 years 123
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