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This is an annuity. Can it be done the math way instead of online calculator. Thank you! 4. Determine the present value of end-of-month payments

image text in transcribed This is an annuity. Can it be done the math way instead of online calculator. Thank you!

4. Determine the present value of end-of-month payments of $75 continuing for 21/2 years. Use 8% compounded monthly as the discount (interest) rate

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