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WhatsApp Image 2019-10-14 at 6.04.31 PM (5).jpeg An annuity pays 150

at the end of the next 5 years and 200 at the end of each of the five following years. if i=6% find the presetn value of the annuity
WhatsApp Image 2019-10-14 at 6.04.31 PM (5).jpeg

WhatsApp Image 2019-10-14 at 6.04.31 PM (5).jpeg

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1009%
1) for dollar values, round to the nearest two decimal places.
2) for interest rate values, round to the nearest four decimal places. DO NOT use %.
For example, if i=3.4567%, write your answer as 0.0346
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Question 6
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An annuity pays 150 at the end of each of the next 5 years and 200 at the end of each of the
five following years. If i=6%, find the present value of the annuity.
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So, present value of annuity is... View the full answer

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