Question: provide answer to both questions, working out not required: What is the present value of a 14 -year annuity due with annual payments of $2,858?

provide answer to both questions, working out not required:

What is the present value of a 14 -year annuity due with annual payments of $2,858? Assume interest rate is 6.4% p.a. compounded annually. Your Answer: Answer Question 8 (1 point) Jack will receive $39,026 at the end of each year until infinity. If the interest rate is 10% p.a, how much is the present value of this income stream? Your

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