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(Present value of an annulty due). Delermine the present value of an ennuity due of 51,000 per year for 10 yoars discounted back to the

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(Present value of an annulty due). Delermine the present value of an ennuity due of 51,000 per year for 10 yoars discounted back to the present at an annual rate of 10 percent. What would the present value of this annuty due if it were dincounted at an anmual rate of 15 percent? a. If the ansual dscount rate is 10 percent, the present value of the annuity due is 1 (tiound to the nearest cent)

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