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What is the PVFA for both the questions? The PMT = $400 The PV of a 4-year, $400 annuity when rates are 10% is: The

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What is the PVFA for both the questions?

The PMT = $400 The PV of a 4-year, $400 annuity when rates are 10% is: The PVFA = The PV of the annuity is: $1,267.9462 1 Introduction Lecture Handout.docx The PMT = $850 The PV of a 4-year, $850 annuity when rates are 9% is: The PVFA = The PV of the annuity is: $2,753.761895

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