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Please provide the steps to solving this problem using a financial calculator as well as reasonings for certain steps if needed: What is the present
Please provide the steps to solving this problem using a financial calculator as well as reasonings for certain steps if needed:
What is the present value of an annuity that pays $74 per year for 5 years and an additional $1,000 with the final payment? Use a nominal rate of 9.65%.
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