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Find the PV of an ordinary annuity that pays $2,000 at the end of each of the next 7 years if the interest rate is
Find the PV of an ordinary annuity that pays $2,000 at the end of each of the next 7 years if the interest rate is 6%? H) Find the PVA of the annuity using the Excel function (reference the cells) (7 points) Find the FV of an annuity due that pays $700 at the beginning of each of the next 10 years if the interest rate is 3%? 1) Find the FVA of the annuity using the Excel function (reference the cells) (7 points) Find the PV of an investment that makes the following end-of-year payments: $150 at the end of year 1, $400 at the end of year 2, and $550 at the end of year 3. The interest rate is 4%. ) Calculate the PV of the uneven cash flow using the Excel function (reference the cells) (7 points) Find the FV of an investment that makes the following end-of-year payments: $200 at the end of year 1, $0 at the end of year 2, and $300 at the end of year 3. The interest rate is 2%. Note: First find the present value of the cash flow stream and then compound the PV to find the future value of the stream. K) Calculate the FV of the uneven cash flow using the Excel functions (reference the cells) (7 points)
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