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Calculate the present value of the? annuity

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Question 1: For each of the following? cases, calculate the present value of the? annuity, assuming the annuity cash flows occur at the end of each year.  

Annuity                    Interest Rate                     Period (yrs)

40,000                           12                                    5

21,000                           8                                       10

Reference no: EM132471819

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