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What is the present value of 5 equal yearly revenues of $250,000 received throughout 5 years into the future starting 3 years from now with

  1. What is the present value of 5 equal yearly revenues of $250,000 received throughout 5 years into the future starting 3 years from now with a rate of 4% compounded yearly (3 separate calculations needed; assume all revenues are received at the beginning of each year)
  2. What is the future value of $5,000 deposited yearly (at the beginning of the year) after 4 years @4% compounded yearly.

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