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What is the present value worth of the series of payments

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Question - What is the present value worth of the following series of payments?

1. $6,000 at the end of each year to 8 years at 7% compounded annually.

2. $5,500 at the end of each year to 15 years at 9% compounded annually.

3. $3,900 at the end of each year to 13 years at 8% compounded annually.

4. $29,300 at the end of each year to 8 years at 6% compounded annually.

Show your calculations for the following questions.

Reference no: EM132842671

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