wo oil wells are for sale. The first will yield payments of $8,400 at the end of each of the next 13 years, while the second will yield $6,300 at the end of each of the next 24 years. Interest rates are assumed to hold steady at 6.7% per year over the next 24 years. Which has the higher present value? the first oil well the second oil well they are the same cannot be determined