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Problem:

Find the present values of these ordinary annuities and annuities due. Discounting occurs once per year. Find Ordinary Annuities and Annuities Due for each

a. $460 per year for 10 years at 10.20%

b. $160 per year for 5 years at 5.50%

c. $460 per year for 5 years at .00%

Note: Please describe comprehensively and provide step by step solution.

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Reference No.:- M91147890

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