Calculate the pv of the annuity streams

Reference no: EM13284626

Calculate the PV of the following annuity streams: (using EXEL)

(a) $5,000 received each year for 5 years on the last day of each year if your investments pay 6% compounded annually.

(b) $5,000 received each quarter for 5 years on the first day of each quarter if your investments pay 6% compounded quarterly

Reference no: EM13284626

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