(Answered) For each example calculate the present value of the annuity

Engineering

For each example, calculate the present value of the annuity, assuming the annuity cash flows occur at the end of each year.

Example 1: Annuity: 33,000

Interest Rate (%): 17

Period (Yrs): 6

Present Value ($): ?

Example 2: Annuity: 20,000

Interest Rate (%): 8

Period (Yrs): 20

Present Value ($)

Please include the step by step financial calculator calculation.

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