Question: ( b ) What is the present value of $ 3 4 , 5 0 0 to be received at the end of each of

(b) What is the present value of $34,500 to be received at the end of each of 6 periods, discounted at 9%?(For calculation purposes,
use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g.25.25.)
Present value of an annuity $
(b) What is the present value of $34,500 to be received

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