Calculate the pv of the following annuity


Calculate the PV of the following annuity streams:  (using EXEL)

(a) $5,000 received each year for 5 years on the last day of each year if your investments pay 6% compounded annually.

(b) $5,000 received each quarter for 5 years on the first day of each quarter if your investments pay 6% compounded quarterly

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Other Subject: Calculate the pv of the following annuity
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