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Question 6 6 pts Suppose you can save $1,000 per year for 15 years and earn 6% interest per year. However, you cannot start saving

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Question 6 6 pts Suppose you can save $1,000 per year for 15 years and earn 6% interest per year. However, you cannot start saving for six years, so the first payment occurs in the sixth year. What is the present value of this annuity? (Round to the nearest cent.) Question 7 6 pts Suppose that a constant, perpetual cash flow is $1,500 and the discount rate is 10%. What is the value of this perpetuity if the fidst cash flow occurs three years from today? (Round to the nearest cent.)

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