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Determine the combined present value as of December 31, 2018, of the following four payments to be received at the end of each of the

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Determine the combined present value as of December 31, 2018, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.) Payment $ 7,000 7,800 9,600 11,200 Year Received 2019 2020 2022 2024 Year Received is n= Present Value Payment $ 7,000 2019 2020 8% 7,800 2022 8% 9,600 11,200 2024 8% Total

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