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What is the present value of the following annuities? a. $2,400 a year for years discounted back to the present at 10 percent. b. $80
What is the present value of the following annuities?
a. $2,400 a year for years discounted back to the present at 10 percent. b. $80 a year for years discounted back to the present at 9 percent. c. $300 a year for years discounted back to the present at 11 percent. d. $430 a year for years discounted back to the present at 5 percent.
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