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Link the mathematical processes of discounting and compounding, respectively, to a single sum present and a present value of an annuity and to a single
Link the mathematical processes of discounting and compounding, respectively, to a single sum present and a present value of an annuity and to a single sum future value and a future value of an annuity. In addition to mortgage loan amortizationour example applicationin what other situations might the process of present valuing and future valuing be used?
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