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Business, 29.12.2020 14:30 Deascry

Calculate the present value of the following annuity streams: a. $5,000 received each year for five years on the last day of each year if your investments pay 6 percent compounded annually.

b. $5,000 received each quarter for five years on the last day of each quarter if your investments pay 6 percent compounded quarterly.

c. $5,000 received each year for five years on the first day of each year if your investments pay 6 percent compounded annually.

d. $5,000 received each quarter for five years on the first day of each quarter if your investments pay 6 percent compounded quarterly.

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Calculate the present value of the following annuity streams: a. $5,000 received each year for five...
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