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You won a lottery that will make equal payments of $3,000 at the end of each year for the next four years. If the annual

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You won a lottery that will make equal payments of $3,000 at the end of each year for the next four years. If the annual interest rate stays constant at 9%, what is the value of these payments in today's dollars? (Note: Round your answer to the nearest whole dollar) $8,263 39,719 $10,594 $12.149 You found out that now you are going to receive payments of $8,000 for the next 17 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 10% What is the present value of these payments? (Note: Round your answer to the nearest whole dollar) $70,590 556,422 564,172 595,297

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