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I know how to calculate PV and FV but I am having difficulties with PVA. Please...

I know how to calculate PV and FV but I am having difficulties with PVA. Please advise. Thanks.

What's the present value of a $930 annuity payment over five years if interest rates are 9 percent?

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Answer #1

Annuity are the regular payments made yearly (generally at the end of the year) In order to compute Present Values of Annuity

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