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What is the present value of a $165 annual payment over 10 years if interest rates are 5 percent using both end-of-year and beginning-of-year payments?
What is the present value of a $165 annual payment over 10 years if interest rates are 5 percent using both end-of-year and beginning-of-year payments?
Note: Round your final answers to 2 decimal places.
Present Value =
Present Value Due=
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