Explain what is the present value of the following annuities, Operation Management

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What is the present value of the following annuities?

a. $2,500 a year for 10 years discounted back to the present at 7%

b. $70 a year for 3 years discounted back to the present at 3%

c. $280 a year for 7 years discounted back to the present at 6%

d. $500 a year for 10 years discounted back to the present at 10%


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