Annual payment-what is the present value

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Annual payment of $1,050 for 12 years at 3% interest. (Do not round intermediate calculations. Round your answer to 2 decimal places.) a-2. Annual payment of $850 for 17 years at 3% interest. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

What is the present value?

Reference no: EM131829046

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