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What is the value today of receiving $6,500 at the end of each year for the next six years, assuming an interest rate of 12%
What is the value today of receiving $6,500 at the end of each year for the next six years, assuming an interest rate of 12% compounded annually?( FV of $1, PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.) Multiple Choice $46,800 $52,749 $25,974 $26,724 What is the value today of receiving $3,100 at the end of seven years, assuming an interest rate of 11% compounded annually? (FV of $1, PV of $1. EVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.). Multiple Choice $1,893 $1,693 $1,493 $713
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