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Present value of an annuity

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(Present value of an annuity) What is the present value of each of the following annuities?

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

$70 a year for 3 years discounted back to the present at 3 percent

$280 a year for 7 years discounted back to the present at 6 percent

$500 a year for 10 years discounted back to the present at 10 percent"

Reference no: EM133003084

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