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Need help with the second question with explanation please. What is the present value of a stream of 5 end-of-year annual cash receipts of $2,700

image text in transcribedimage text in transcribedimage text in transcribedNeed help with the second question with explanation please.

What is the present value of a stream of 5 end-of-year annual cash receipts of $2,700 given a discount rate of 20%? a. Use the appropriate table (Appendix C: Table 1, Table2) to answer the above question. (Round your answer to 2 decimal places.) PV of annuity s 8,075.70 b. Use the appropriate built-in function in Excel to answer the above question. (Round your final answer to 2 decimal places.) PV of annuity

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