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For each of the following cases, calculate the present value of the annuity, assuming the annuity cash flows occur at the end of each year.

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For each of the following cases, calculate the present value of the annuity, assuming the annuity cash flows occur at the end of each year. Present Value ($) Annuity 36,000 22,000 Interest Rate(%) 14 8 Period (Yrs) 7 20 Annuity 36,000 Interest Rate(%) 14 Period (Yrs) 7 Present Value (5) (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer 1 par reaming

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