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Your uncle has said that if you agree to finish college he will give you equal payments of $1,000 at the end of each year

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Your uncle has said that if you agree to finish college he will give you equal payments of $1,000 at the end of each year for the next eight years. If the annual interest rate stays constant at 6%, what is the value of these payments in today's dollars? (Note: Round your answer to the nearest whole dollar.) $7,763$5,279$6,210$6,583 You found out that now you are going to receive payments of $7,000 for the next 14 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 14%. What is the present value of these payments? (Note: Round your answer to the nearest whole dollar.) $64,661$38,318$47,897$42,015

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