Question: 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:

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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