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COULD YOU PLEASE CLEARLY MENTION PVFA, PMT AND PV OF THE ANNUITY. THANKS! Annuity Problem 1. You expect to receive $1,200 per year for the

COULD YOU PLEASE CLEARLY MENTION PVFA, PMT AND PV OF THE ANNUITY. THANKS!
Annuity Problem 1. You expect to receive $1,200 per year for the next 9 years. If the interest rate is 12%, what is the present value of the annuity? PVFA PMT PV of the Annuity Annuity Problem 2. A bank has offered to sell you an annuity for $400,000. If you buy the annuity today, the bank will pay you $50,000 per year for the next 10 years. If you can earn 10% interest per year on your savings, is this a good deal? Why or why not? PVFA PMT PV of the Annuity Is this a good deal? Why or why not

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