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What would be the future value annuity

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Reference no: EM132933793

Question - A company offer annual payments of $1675 at the end of each year for the next FIVE years.

a) What is the present value of this annuity discounted at 7%?

b) If the same payment was given at the beginning of each year for six years. What would be the future value annuity at a discounted rate of 5.5%?

c) Using data in B calculate for year two and year three.

Reference no: EM132933793

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