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Suppose you are going to receive $21,000 per year for 7 years. The appropriate interest rate is 8 percent Requirement 1: e What is the

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Suppose you are going to receive $21,000 per year for 7 years. The appropriate interest rate is 8 percent Requirement 1: e What is the present value of the payments if they are in the form of an ordinary (D)annuity? 118,080 47 (b)What is the present value if the payments are an annuity due? 118 080 47 Requirement 2: (e)Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an ordinary annuity? Click to select) payments are an annuity due? Click to seledt) (b)Suppose you plan to invest the payments for 7 years, what is the future value if the

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