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Problem 2-24 (LG 2-9) Calculate the present value of the following annuity streams: a. $8,000 received each year for five years on the last day

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Problem 2-24 (LG 2-9) Calculate the present value of the following annuity streams: a. $8,000 received each year for five years on the last day of each year if your investments pay 6 percent compounded annually b. $8,000 received each quarter for five years on the last day of each quarter if your investments pay 6 percent compounded quarterly c. $8,000 received each year for five years on the first day of each year if your investments pay 6 percent compounded annually d. $8,000 received each quarter for five years on the first day of each quarter if your investments pay 6 percent compounded quarterly (For all requirements, do not round intermediate calculations. Rould your answers to 2 decimal places. (e.g., 32.16)) Amount a. Present value b. Present value C Present value d. Present value

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