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Present Value of a Regular Annuity: If you wish to withdraw an annuity (at the end of each period) totaling $1000 per year over the

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Present Value of a Regular Annuity: If you wish to withdraw an annuity (at the end of each period) totaling $1000 per year over the next 4 years and you can invest at the 8% nominal interest rate, what would you need to invest today under the various compounding periods? 6. () (6b) CompoundingCash Flow / Period Annual Semi-annual 1000/2= $500 Quarterly Monthly Daily Holding Period4 yrs S1000

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