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Please show all work and/or formulas. A B C D E F 1 CHAPTER 9: TIME VALUE ANALYSIS 2 Homework 4.2, Chapter 9 3 4
Please show all work and/or formulas.
A B C D E F 1 CHAPTER 9: TIME VALUE ANALYSIS 2 Homework 4.2, Chapter 9 3 4 Find the following values assuming a regular, or ordinary, annuity. 5 6 a. The present value of $700 per year for 10 years at 5% 7 Present Value 8 10 11 12 b. The future value of $700 per year for 10 years at 4% 13 Future Value 14 15 16 17 18 c. The present value of $500 per year for 7 years at 4% 19 Present Value 20 21 22 23 24 25 d. The future value of $500 per year for 7 years at 4% 26 Future Value 27 28 29Step by Step Solution
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