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Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the
Determine the combined present value as of December 31, 2021, 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 $ 6,000 6,900 Year Received 2022 2023 8,800 2025 10,100 2027 Year = n = Payment Present Value Received 2022 8% $ 6,000 2023 8% 6,900 2025 8% 8,800 2027 8% 10,100 Total $ 0
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