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Calculate the present value of an annuity

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Q1. Calculate the present value of an annuity of $6,000 received quarterly that begins today and continues for 25 years, assuming a discount rate of 8%.

Q2. Calculate the present value of an annuity of $10,000 received monthly that begins today and continues for 20 years, assuming a discount rate of 6%.

Reference no: EM133104732

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