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How much would you have to Invest today to receive the following? Use Appendix B and Appendix D for an approximate ans...

How much would you have to Invest today to receive the following? Use Appendix B and Appendix D for an approximate answer, bu

$7,800 each year for 20 years at 6 percent. (Do not round Intermediate calculations. Round your final answer to 2 decimal pla

How much would you have to Invest today to receive the following? Use Appendix B and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
$7,800 each year for 20 years at 6 percent. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Present value 553,000 each year for 25 years at 12 percent. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Present value Present value D .
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Answer #1

PMT*(1-(1/(1+r^n)) )/r 1) Present value = $89,465.39 $7,800*(1-(1/(1.06^20)))/0.06 PMT (1-(1/(1+rAn)/r $415,686.37 2) Present

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