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Computing Present Values of Single Amounts and Annuities Refer to Tables 1 and 2 in Appendix A near the end of the book to compute
Computing Present Values of Single Amounts and Annuities Refer to Tables 1 and 2 in Appendix A near the end of the book to compute the present value for each of the following amounts. Round answers to the nearest dollar. a. $170,000 received 10 years hence if the annual interest rate is: b. $7,000 received at the end of each year for the next eight years discounted at 8% compounded annually. $ c. $1,300 received at the end of each six months for the next 15 years if the interest rate is 10% per year compounded semiannually. $ d. $300,000 received 10 years hence discounted at 10% per year compounded annually. $
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