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You received no credit for this question in the previous attempt. View previous attempt Check my work C&H Ski Club recently borrowed money and agreed

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You received no credit for this question in the previous attempt. View previous attempt Check my work C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $16,000 each. C&H subsequently borrows more money and agrees to pay it back with a series of four annual payments of $13,000 each. The annual interest rate for both loans is 8%. Find the present value of these two separate annuities. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) k Interest Rate Number of Periods First Annuity Single Future Payment Table Factor Amount Borrowed $ First payment Second payment Third payment Fourth payment Fifth payment Sixth payment t M nces 1 2 3 4 5 6 8% 8% 8% 8% 8% 8% 16,000 * 16,000 x 16,000 16,000 16,000 16,000 x Second Annuity Sinnte Future Amount 0 0 0 0 0 First payment Second payment Third payment Fourth payment Number of Periods 1 2 3 4 Interest Rate Second Annuity Single Future Payment $ 8% 8% 8% 8% $ Amount Borrowed 0 0 0 0

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