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dyer Homework.aspx?homeworkld=574009820&questionId=28flushed FIN 3351(2)(1) Homework: Ch. 5 7 Score: 0 of 1 pt 9 of 10 (5 complete) Bookmatch 5-22 (book/static) est (Present value of

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dyer Homework.aspx?homeworkld=574009820&questionId=28flushed FIN 3351(2)(1) Homework: Ch. 5 7 Score: 0 of 1 pt 9 of 10 (5 complete) Bookmatch 5-22 (book/static) est (Present value of an annuity) What is the present value of the following annuities? a. $2,500 a year for 10 years discounted back to the present at 7 percent. b. $70 a year for 3 years discounted back to the present at 3 percent. c. $280 a year for 7 years discounted back to the present at 6 percent. d. $500 a year for 10 years discounted back to the present at 10 percent. a. What is the present value of $2,500 a year for 10 years discounted back to the present at 7 percent? $ (Round to the nearest cent.)

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