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What is the present value of a 3 - year annuity of $ 3 , 0 0 0 if the discount rate is 8 %

What is the present value of a

3 -

year annuity of $

3, 000

if the discount rate is

8 % ?

What is the FV of this annuity? What is the present value of the annuity in

(

)

if you have to wait

2

years instead of

1

year for the payment stream to start? in excel

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