Question: 5. value: 10.00 points This problem demonstrates the dependence of an annuity's present value on the size of the periodic payment. Calculate the present value

5. value: 10.00 points This problem demonstrates the dependence of an

5. value: 10.00 points This problem demonstrates the dependence of an annuity's present value on the size of the periodic payment. Calculate the present value of 25 end-of-year payments of: (Do not round intermediate calculations and round your final answers to 2 decimal places.) a. $1500. b. $2500. c. $3500 Use a discount rate of 5.5% compounded annually. After completing the calculations, note that the present value is proportional to the size of the periodic payment

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