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Question 7 [6 points] Calculate the periodic payments for each of the following general annuities due given the present value of the annuity. For full

Question 7 [6 points] Calculate the periodic payments for each of the following general annuities due given the present value of the annuity. For full marks your answer(s) should be rounded to the nearest cent. Nominal interest rate Present value Periodic Payment Term payment interval 0.00 6 months 0.00 3 months 16 years, 3 months Compounding frequency Quarterly Monthly 12 years 8.00% 4.25% PV = $3,980.51 PV = $7,828.70

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