What is the present value of payments

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Suppose you receive 10000 for 5 years. Discount rate is 7%

a) What is the present value of payments if they are in the form of an ordinary annuity? what is pv if payments are an annuity due

b) Suppose you plan to invest the payments for 5 years what if fv if payments are ordinary annuity and annuity due

Reference no: EM132801785

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