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please show work with formulas to better explain how to solve (not excel) 16. What is the PV value of the following anuity in te,

please show work with formulas to better explain how to solve (not excel)

16. What is the PV value of the following anuity in te, ty, and to at an interest rate of 9%? (Note: to= today, t. = one year from now, etc.) to 0 t. 0 12 0 13 10 ts 10 to 60k ty 60k to 60k to 0 t10 0 0 Here Ik is 1,000

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