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For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Present Value Annuity Payment Years Interest Rate
$ $ 2,400 7 5 %
1,400 9 4
12,580 17 6
32,150 23 8

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