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Question 2 - An annuity pays $600 each quarter for eight years. At the end of the eight years, the annuity holder receives a lump

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Question 2 - An annuity pays $600 each quarter for eight years. At the end of the eight years, the annuity holder receives a lump sum payment of $10,000. How much would you pay for this annuity today at a discount rate of 4,5% APR compounded quarterly? (5 points) Inputs Interest Rate # of Periods Payment Future Value 4.50% 8 600.00 10,000.00 S $ Present Value $ 10,989.35)

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