Calculate the present value of the following annuity


Calculate the present value of the following annuity streams please show work.

A. 5000 received each year for five years on the first of each year if your investments pay 6% compounded annually.

B. 5000 received each quarter for five years on the first of each quarter if your investments pay 6% compounded quarterly.

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Financial Management: Calculate the present value of the following annuity
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