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Finance Assignment | Professional Writing

Author:
May 30th, 2020

8. Problem 5.15 (Present Value of an Annuity) eBook Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent a. $800 per year for 12 years at 14%. b. $400 per year for 6 years at 7%.

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C. $1,000 per year for 6 years at 0%. d. Rework previous parts assuming they are annuities due. Present value of $800 per year for 12 years at 14%: $ Present value of $400 per year for 6 years at 7% $ Present value of $1,000 per year for 6 years at 0%: $ 1111111111 Grade i New Save Cente Continue without saving

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