Homework help needed

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Ryyrel

Business Finance

Description

For each of the following cases, calculate the present value of annuity, assuming the annuity cash flows occur at the end of each year. #1- Annuity/ $32,000/ Interest rate/16%/ 3 years? #2- Annuity/ $25,000/ Interest rate/ 4%/ 10 years?

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1.             $ 71868.47

2.            $ 202772.39


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