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What are the PRESENT and FUTURE value of $900 to be received at the END of...

What are the PRESENT and FUTURE value of $900 to be received at the END of each year for the next 5 years if the discount / compounding is 7%? Please show work.
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Answer #1

Annual payment = $900 Term = 5 Years Interest rate = 7% Present value = Annual payment *[1- (1 + I) -n]/I = $900 * [1-(1 + 7%

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