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Using a present value table(1able 64 and Iable 65 ) calcullate the present value for the following: (Use the appropriate value(s) from the tables provided.
Using a present value table(1able 64 and Iable 65 ) calcullate the present value for the following: (Use the appropriate value(s) from the tables provided. Round your PV factors to 4 decimal places and final answers to the nearest whole dollar.) Required: a. A car down payment of $9.750 that will berequired in two years assuming an interest rate of 16%. b. A lottery prize of $210 million to be paid af the rate of $1,050,000 per year for 20 yeass, assuming an interest rate of 16%. c. The same annual amount as in part b but assumung an interest rate of 20% d. A financinglease obligation that calls for the payment of $31,500 per year for 10 y ars, assuning a discount rate of 12%
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