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Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated

periods.

$($a$)$

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$$50,440$ receivable at the end of each period for $8$ periods compounded at $11\%.($Round foctor values to $5$ decimal places, eg$.$

$1\mathrm{.}25124$ and final answer to $0$ decimal places, eg $458,581.)$

Presentvalue $

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Sav$$ for Later

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$($b$)$

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