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Find the present value of these two separate annuities

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Question - C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $17,000 each. C&H subsequently borrows more money and agrees to pay it back with a series of four annual payments of $14,000 each. The annual interest rate for both loans is 6%. Find the present value of these two separate annuities.

Reference no: EM132258440

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