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Find the present values of these ordinary annuities . Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest
Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. (Please include the excel function for this)
a. $700 per year for 10 years at 10%
b. $350 per year for 5 years at 5%
c. $700 per year for 5 years at 0%
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