Question: Hello, I'm having trouble figuring this out. Can you help? If a 5-year ordinary annuity has a present value of $1,000 and if the annual

Hello, I'm having trouble figuring this out. Can you help?

If a 5-year ordinary annuity has a present value of $1,000 and if the annual interest rate is 10%, what is the amount of each annuity payment?

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