What is the present value of your annuity

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Q1: What is the present value (PV) of $350 received after 7 years when the discount rate is 7%?

Q2: If you receive $100 at the end of each year for the next 5 years, what is the present value (PV) of your annuity if the interest rate is 5%?

Reference no: EM133056403

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