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Help find I and J, Thank You!! i. Finding the annual payments for an ordinary annuity and an annuity due Present value (PV) Discount rate
Help find I and J, Thank You!!
i. Finding the annual payments for an ordinary annuity and an annuity due Present value (PV) Discount rate (I) Number of years (N) Annual payment for ordinary annuity (PMT) Annual payment for annuity due ( PMT2 ) $1,000 9% 8 \#NHA \#NHA j. Finding the PV and the FV of an investment that makes the following end-of-year payments \begin{tabular}{|c|c|} \hline Year & Payment \\ \hline 1 & $100 \\ \hline 2 & $300 \\ \hline 3 & $600 \\ \hline \end{tabular} Interest rate (l) Present value of investment (PV) Future value of investment (FV) 9% \#NHA \#NStep by Step Solution
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