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Find the present value of the end-of-year payments shown below. Use a 9 percent annual interest rate with annual compounding. Year 0 1 Deposit $8,000

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Find the present value of the end-of-year payments shown below. Use a 9 percent annual interest rate with annual compounding. Year 0 1 Deposit $8,000 $20,000 $24,500 $30,000 6 10 O $45,629 $60,321 O $55,853 O $51,716 O $53,629

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