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fast plz 6. An individual makes rental payments of $1,200 per month and wants to know the present value of their annual rentals over a

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6. An individual makes rental payments of $1,200 per month and wants to know the present value of their annual rentals over a 12-month period. The payments are made at the end of each month. The current interest rate is 8% per annum. Using the formula

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